Federal Appeals Court Finds Structure of CFPB Unconstitutional

By LeadsConAdminOctober 11, 2016

DC-based appeals court faults CFPB's setup as a single-director independent agency, orders restructuring WASHINGTON-A federal appeals court on Tuesday ruled the structure of the Consumer Financial Protection Bureau is unconstitutional, setting aside a closely watched enforcement action against a mortgage lender and handing a considerable blow to the five-year-old agency.

Read More at The Wall Street Journal

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