CFPB constitutionality News

The U.S. Supreme Court on Friday agreed to hear a challenge backed by President Donald Trump’s administration to the structure of a federal agency assigned to protect consumers in the financial sector that could undermine its independence from presidential interference. …

A federal judge in New York ruled on Thursday that the structure of the U.S. Consumer Financial Protection Bureau is unconstitutional, forbidding the agency from suing a company that advances money to people awaiting settlement payouts. The decision by U.S. …