On Thursday, U.S. Judge for the D.C. District Court Ellen Huvelle dismissed a civil action challenging the constitutionality of not only President Obama's recess appointment of Richard Cordray as director of the Consumer Financial Protection Bureau (CFPB), but also of the bureau itself. "Texas-based State National Bank of Big Spring, think tank Competitive Enterprise Institute and advocacy group the 60 Plus Association sued the U.S. Department of the Treasury and the bureau last June. They were later joined by the attorneys general of Alabama, Georgia, Kansas, Michigan, Montana, Nebraska, Ohio, Oklahoma, South Carolina, Texas and West Virginia," The Litigation Daily reports. According to the decision, Judge Huvelle found that the plaintiffs lacked standing because they never "suffered an injury-in-fact caused by the Bureau or Cordray, and redressable by this Court." For more, read the full story and decision.