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May 24 Digest

Posted By Administration, Wednesday, May 24, 2017

Trump Turns to Kasowitz, Rejecting DC Legal Vets

In a characteristically unorthodox move, President Donald Trump is reportedly poised to tap New York commercial litigator Marc Kasowitz to lead his personal legal team amid probes into his campaign’s alleged contacts with Russia.

Far from an established, Washington, D.C., white-collar figure, Kasowitz is best known for handling a mix of complex, high-stakes civil disputes in New York’s state courts, particularly involving financial institutions. He and his firm, Kasowitz Benson Torres, brought billions of dollars in claims against Wall Street banks in the wake of the subprime crisis.
Read the full story at The National Law Journal

Trump's DOJ Can't Quickly End Suit Over Rule-Rollback Order

A lawsuit challenging the Trump administration’s order that agencies eliminate two existing regulations for each new one will go forward despite the U.S. Justice Department’s effort to end it quickly on procedural grounds.

U.S. District Judge Randolph Moss in Washington on Tuesday denied the government’s request that he freeze the action on the plaintiffs’ motion for summary judgment in Public Citizen v. Trump.
Read the full story at The National Law Journal

The CFPB Is Fighting for Its Life. Here's What to Know

From the day it was born out of the Dodd-Frank reforms, the Consumer Financial Protection Bureau has faced questions over the constitutionality of its independent, single-director structure.

On Wednesday, the U.S. Court of Appeals for the D.C. Circuit will take a step toward providing an answer, as a full panel of 11 judges will hear arguments in the mortgage provider PHH Corp.’s appeal of a $109 million penalty.
Read the full story at The National Law Journal 

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