Politic > Finance

Supreme Court Steps Into Case Over Consumer Financial Protection Bureau

9 monthes ago   |   By The Huffington Post

The CFPB, a federal consumer finance watchdog agency, was created as part of the Dodd-Frank legislation in response to the financial crisis.
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Supreme Court steps into case over consumer agency

Supreme Court steps into case over consumer agency

9 monthes ago   |   By My Sanantonio

WASHINGTON - The Supreme Court is stepping into a yearslong, politically charged fight over the federal consumer finance watchdog agency that was created in the wake of the 2008 financial crisis.
The justices agreed Friday to review an appeals court decision that upheld the structure of the Consumer Financial Protection Bureau. The agency has long been a target of conservative Republicans.
The Justice Department usually defends federal law. But the Trump administration agrees with a California law firm challenging the CFPB that the president should be able to fire the agency's director for...
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