Hurdles for CFPB Supporters on Display at Court Hearing

Also, Goldsmith Romero announces CFTC departure; House panel digs into capital formation; new Treasury aides

Sponsored by MFA, the trade association for the global alternative asset management industry.

In the lineup of litigation that could shape the future of the CFPB, this morning’s hearing at the federal courthouse in Baltimore was the undercard. The bureau’s defenders and a Justice Department lawyer clashed over a discrete issue: Whether Acting Director Ru…