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Appeals court: Consumer watchdog structure unconstitutional

A federal appeals court has ruled that the structure of a U.S. consumer watchdog agency is unconstitutional because it gives too much power to a single agency director. The ruling … Click to Continue »
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A U.S. consumer watchdog agency that helped unravel the Wells Fargo & Co. scandal has an unconstitutional structure because it gives too much power to its director, a federal appeals court ruled Tuesday. The court said the way that ...

Consumer Financial Protection Bureau's setup is unconstitutional, court rules

Business & Finance : LA Times: Business

A federal appeals court has ruled that the structure of a U.S. consumer watchdog agency is unconstitutional because it gives too much power to a single agency director. The ruling issued Tuesday said the way the Consumer Financial P...

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