Ninth Circuit affirms tribal loan providers topic to CFPB investigative needs

  • Posted by 12283534
  • On Dezember 23, 2020
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The Ninth Circuit recently issued its viewpoint in CFPB v. Great Plains Lending, LLC, et al., by which three tribal-affiliated, for-profit financing organizations (“Tribal Lenders”) challenged the authority regarding the CFPB to issue civil investigative needs (CIDs) against Native United states tribes. Summarizing precedent, the Ninth Circuit determined that Dodd-Frank—a “law of general applicability”—applies to […]
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