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The Next President Might Be Able to Fire One of Our Most Important Consumer Watchdogs for Any Reason

Thanks to a federal circuit court ruling Tuesday morning, the president will be able to remove the head of the Consumer Financial Protection Bureau, the agency charged with curbing abuse in the financial sector, for any reason. And the image of Donald Trump yelling, “You’re fired” at the head of the CFPB is only one reason to be upset by this. Up until now, the president could only replace the CFPB head during his or her term for cause.
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