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CFPB Structure ‘Unconstitutional,’ Rules Appeals Court

October 11, 2016 10:24 pm

Today, a federal appeals court ruled that the single-director structure of the Consumer Financial Protection Bureau (CPFB) represents an “unconstitutional concentration” of executive power. The U.S. Court of Appeals for the District of Columbia found problem with the inability for other government sectors to admonish—or even review—the Bureau’s actions, with too much power placed at […]
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