In a 5-4 Supreme Court decision, (Seila Law v. CFPB), it was ruled that restrictions on the President’s authority to an Executive Branch agency are unconstitutional. This paves the way for broad Presidential authority to remove a standing Director of the Consumer Financial Protection Bureau. While granting the White House sole discretion for the termination of it’s director, they rejected arguments for it’s closure.
Supreme Court Nullifies CFPB Autonomy
More Stories
When the First Line of Defense Becomes the Weakest Link
Alleged Multi-State Tesla Fraud Scheme Busted in Tennessee
Elected Official Indicted by Grand Jury for Felony ID Theft Against Credit Union