Exploding Coffee Machines, CFPB Tested and a DOJ Lawyer's Mea Culpa: Regulatory 2016
The Consumer Financial Protection Bureau faced a new test after a major appeals court ruling struck down the Obama agency's power scheme. A dispute over an exploding coffee machine revealed tension over the scope of product-safety fines. And a top Justice Department lawyer offered an apology to prosecutors after some choice words about lack of oversight in some U.S. attorney offices. Here's a roundup of some of the top regulatory and compliance stories of 2016.