The Intractable CFPB Bureaucracy

The Patriot Post cited CEI’s Constitutionality Lawsuit against CFPB.

Regardless of which party controls Congress after November, though, the CFPB could be going to the Supreme Court. The power structure of the bureau is in question in a lawsuit being brought by State National Bank of Texas, the Competitive Enterprise Institute, and the seniors’ advocacy group 60 Plus Association. Their suit claims that the CFPB’s one-director power structure and its lack of accountability to Congress and the president are unconstitutional.

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