Business

Consumer Financial Protection Bureau's structure is constitutional, appeals court rules in a blow to agency's opponents

Wednesday's ruling overturns a November 2016 decision that had given presidents the power of dismissal over a CFPB director and marks the latest development in a complicated fight over leadership of the agency, which was established to crack down on predatory financial practices after the 2007-2009 financial crisis.

Source: NBC

Supporters of the Consumer Financial Protection Bureau might have just won the war over the future of the controversial watchdog even as they are losing battle after battle over its operations under President Trump.

All Sources: Los Angeles Times NBC

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