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A unanimous decision handed down Friday by the District of Columbia Circuit Appeals Court invalidates President Obama’s recess appointments to the National Labor Relations Board, and put the recess appointment of CFPB Director Richard Cordray into jeopardy.

The three-judge panel said the appointments, made while the Senate was in a pro forma session in early January 2012, were unconstitutional. The Obama Administration is expected to file an appeal to the Supreme Court.


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