In a much-noted decision, a panel of the D.C. Circuit (Judges Sentelle, Henderson and Griffith) has invalidated President Obama’s putative “recess” appointments to the National Labor Relations Board (NLRB). The appointments were made—without the advice and consent of the …
My earlier posts on Dodd-Frank contain a bad mistake that requires correction before it turns into an urban legend. In Free Enterprise Fund v. Public Company Accounting Oversight Board (2010), I wrote, the Supreme Court invalidated an arrangement under which …
Last month marked the one-year anniversary of the Consumer Financial Protection Bureau (CFPB). At the time the Bureau was created I predicted that it would be a bureaucratic train wreck: an institution that is almost perfectly designed to manifest all …
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