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Obama-era watchdog agency’s independence in peril

Por: The Hill Politics October 27, 2022

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The future of a powerful financial watchdog agency has been upended by a federal court, with both its funding and its independence now in danger.  A panel of the 5th Circuit Court of Appeals ruled last week that the Consumer Financial Protection Bureau’s (CFPB) unique power to fund its own operations is unconstitutional. Democrats have historically resisted attempts to change the structure of the CFPB from a directorate to a five-person... + full article



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