Victory for “Wall Street’s Army of Lawyers and Lobbyists” as Supreme Court Puts CFPB Chief Under Trump’s Control

The U.S. Supreme Court on Monday struck down a Consumer Financial Protection Bureau statute shielding the agency’s director from being fired by the president without cause, a decision that critics warned threatens the bureau’s ability to protect the public from corporate abuses without political interference. The high court’s conservative majority ruled that the CFPB provision …

Victory for “Wall Street’s Army of Lawyers and Lobbyists” as Supreme Court Puts CFPB Chief Under Trump’s Control Read More »