1. High court gives Trump power to fire consumer bureau chief  POLITICO
  2. Trump can fire director of consumer agency at will, Supreme Court rules  CNN
  3. Supreme Court Gives President Power To Fire Key Independent Agency Chief  NPR
  4. Supreme Court leaves consumer regulator standing but backs president's ability to fire director  CNBC
  5. Supreme Court rules consumer bureau director can be fired at will | TheHill  The Hill
  6. View Full Coverage on Google News
The justices ruled that the president has unfettered discretion to fire the head of the CFPB but rejected arguments that the bureau should be shut down.

High court gives Trump power to fire consumer bureau chief - POLITICO

But the court left intact the rest of the statute that created the CFPB. The decision was a victory for President Trump and others who have long sought to trim the sails of independent agencies.But the court left intact the rest of the statute that created the CFPB. The decision was a victory for President Trump and others who have long sought to trim the sails of independent agencies.

Supreme Court Gives President Power To Fire CFPB Chief : NPR

The case was a major test of the separation of powers between the executive and legislative branches.The case was a major test of the separation of powers between the executive and legislative branches.

Supreme Court says consumer agency head can be removed without cause

The justices ruled that limits on the president's power to oust the CFPB director are not constitutional.The justices ruled that limits on the president's power to oust the CFPB director are not constitutional.

Supreme Court Strikes Down Consumer Financial Protection Bureau Leadership | HuffPost Canada

Challengers argued that the financial protection board violates the president’s authority.

Supreme Court rules consumer regulator structure unconstitutional

The Supreme Court issued a ruling on Monday saying the structure of the Consumer Financial Protection Bureau is unconstitutional.The Supreme Court issued a ruling on Monday saying the structure of the Consumer Financial Protection Bureau is unconstitutional.

Supreme Court ruling against CFPB structure puts Calabria’s FHFA job on the line

Challengers argued that the financial protection bureau violates the president’s authority.Challengers argued that the financial protection bureau violates the president’s authority.

Supreme Court rules CFPB’s structure unconstitutional, but allows agency to operate - The Washington Post

The president can now dismiss the head of the Consumer Financial Protection Bureau at will.The president can now dismiss the head of the Consumer Financial Protection Bureau at will.

The Supreme Court Lets the President Fire the Country’s Top Wall Street Watchdog – Mother Jones

The case concerning the Consumer Financial Protection Bureau was part of a politically charged battle over presidential authority.The case concerning the Consumer Financial Protection Bureau was part of a politically charged battle over presidential authority.

If Joe Biden wins, he'll now be able to fire Donald Trump's CFPB director in January 2021 and replace her with an actual consumer advocate.If Joe Biden wins, he'll now be able to fire Donald Trump's CFPB director in January 2021 and replace her with an actual consumer advocate.

The Supreme Court on Monday ruled that the structure of the Consumer Financial Protection Bureau (CFPB) is unconstitutional, striking down the protections that prevented the agency's director from being fired at will.The Supreme Court on Monday ruled that the structure of the Consumer Financial Protection Bureau (CFPB) is unconstitutional, striking down the protections that prevented the agency's director from

Supreme Court rules consumer bureau director can be fired at will | TheHill

The Supreme Court on Monday ruled that the structure of the Consumer Financial Protection Bureau (CFPB) is unconstitutional, striking down the protections that prevented the agency's director from being fired at will.The Supreme Court on Monday ruled that the structure of the Consumer Financial Protection Bureau (CFPB) is unconstitutional, striking down the protections that prevented the agency's director from

Supreme Court rules consumer bureau director can be fired at will | TheHill

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In a split 5-4 decision, the justices gave presidents new power to remove the agency's head at will. The ruling could have far-reaching implications for other regulators with single directors.In a split 5-4 decision, the justices gave presidents new power to remove the agency's head at will. The ruling could have far-reaching implications for other regulators with single directors.

Supreme Court strikes down CFPB leadership structure | American Banker

Official site of The Week Magazine, offering commentary and analysis of the day's breaking news and current events as well as arts, entertainment, people and gossip, and political cartoons. In a 5-4 decision, the Supreme Court on Monday ruled that the president can fire the head of the Consumer Financial Protection Bureau "at will." That's seemingly a victory for the financial industry, which has been locked in a never-ending tug-of-war with the CFPB since it was established in 2010, but the celebration may not last forever, HuffPost reports. Prior to the ruling, the CFPB director could only be fired for cause, namely "inefficiency, neglect of duty, or malfeasance in office." The reason behind the distinction is that the post comes with a 5-year term, which means the director could serve under the president of a different party, so the for-cause rule makes it more challenging for a president to terminate the director for partisan, political reasons. But in response to a lawsuit, the court decided the restrictions violate the constitutional authority bestowed upon the executive branch. In the short-term, the financial industry — which saw the CFPB return $12 billion to defrauded consumers between 2010 and 2016 — is likely on board with the decision, but there's a catch. The current CFPB Director Kathy Kranninger, who was appointed by President Trump, is considered a defender of the financial sector. If Trump loses to the presumptive Democratic nominee, former Vice President Joe Biden, in November, Biden will now have a lot more leeway to make a change. Tim O'Donnell The decision is a win for banks in the short-term, but it could backfire on them if Biden wins in November. Trump-appointed CFPB Director Kathy Kranninger has been a defender of the financial industry, and Biden would now have an easy time replacing her with a tough regulator. — Zach Carter (@zachdcarter) June 29, 2020

Why the financial industry is celebrating a Supreme Court ruling — for now

The ruling from the high court could affect the authority of dozens of other federal agencies with quasi-independent status, like the Federal Reserve and the Social Security Administration.The ruling from the high court could affect the authority of dozens of other federal agencies with quasi-independent status, like the Federal Reserve and the Social Security Administration.

US consumer watchdog chief can be fired by president, supreme court rules | US news | The GuardianJustices stop short of invalidating Consumer Financial Protection Bureau, independent agency set up in 2011 under Obama

US consumer watchdog chief can be fired by president, supreme court rules | US news | The Guardian

The Supreme Court has determined in a 5-4 decision that the structure of a controversial agency created in 2008 must be restructured.The Supreme Court has determined in a 5-4 decision that the structure of a controversial agency created in 2008 must be restructured.

Supreme Court Orders Restructuring of CFPB - FedSmith.com

The U.S. Supreme Court ruled Monday that the structure of the Consumer Financial Protection Bureau violates the separation of powers because it concentrates power in a single director who is removable only for cause.The U.S. Supreme Court ruled Monday that the structure of the Consumer Financial Protection Bureau violates the separation of powers because it concentrates power in a single director who is removable only for cause.

Consumer agency survives SCOTUS challenge but not for-cause removal of its chief

Sucuri WebSite Firewall - Access Denied

The Supreme Court on Monday ruled that Congress went too far in ensuring the CFPB director's independence when it created the agency.The Supreme Court on Monday ruled that Congress went too far in ensuring the CFPB director's independence when it created the agency.

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The Consumer Financial Protection Bureau -- the Wall Street cop agency that was the brain child of Elizabeth Warren and launched under President Obama -- puts too much power in a single director, making it unconstitutional, the Supreme Court ruled Monday.The Consumer Financial Protection Bureau -- the Wall Street cop agency that was the brain child of Elizabeth Warren and launched under President Obama -- puts too much power in a single director, maki

Supreme Court rules Obama/Warren Wall Street cop is illegal - Washington Times

The Supreme Court ruled Monday that the structure of the Consumer Financial Protection Bureau is unconstitutional, determining that its head must be removable at the will of the president.The Supreme Court ruled Monday that the structure of the Consumer Financial Protection Bureau is unconstitutional, determining that its head must be removable at the will of the president.

Supreme Court gives president power to fire head of financial watchdog agency created by Elizabeth Warren

The Supreme Court on Monday said the president of the United States has the power to remove the head of the Consumer Financial Protection Bureau. But the...The Supreme Court on Monday said the president of the United States has the power to remove the head of the Consumer Financial Protection Bureau. But the...

Supreme Court rules president can fire CFPB director but allows agency to operate - MarketWatch

The Supreme Court resolves a clash between presidential power and Congress' attempt to set up a quasi-independent agency.The Supreme Court resolves a clash between presidential power and Congress' attempt to set up a quasi-independent agency.

Supreme Court: President can fire consumer watchdog at will - Los Angeles Times

The Supreme Court on Monday ordered changes to a government consumer-finance watchdog created in the wake of the 2008 financial crisis.The Supreme Court on Monday ordered changes to a government consumer-finance watchdog created in the wake of the 2008 financial crisis.

The U.S. Supreme Court on Monday handed President Donald Trump more authority over a federal agency charged with protecting consumers in the financial sector, empowering him to fire its director at will and ruling that the structure it was given by Congress violated the U.S. Constitution. The court,The U.S. Supreme Court on Monday handed President Donald Trump more authority over a federal agency charged with protecting consumers in the financial sector, empowering him to fire its director at will and ruling that the structure it was given by Congress violated the U.S. Constitution. The court,

U.S. Supreme Court gives president more power over consumer financial agency

Bloomberg - Are you a robot?

The Consumer Financial Protection Bureau (CFPB), formed in the wake of the 2008 financial crash, should continue to ...The Consumer Financial Protection Bureau (CFPB), formed in the wake of the 2008 financial crash, should continue to ...

Supreme Court Allows Consumer Watchdog Agency to Stand, Strikes Down Internal Structure

"The agency may therefore continue to operate, but its director, in light of our decision, must be removable by the president at will," Roberts wrote."The agency may therefore continue to operate, but its director, in light of our decision, must be removable by the president at will," Roberts wrote.

Supreme Court rules structure of CFPB is unconstitutional - CBS News

The court's ruling will make it easier for future presidents to fire the leader of the powerful watchdog agency.The court's ruling will make it easier for future presidents to fire the leader of the powerful watchdog agency.

Supreme Court says CFPB's leadership structure is unconstitutional - Axios

The U.S. Supreme Court gave the president more authority over the Consumer Financial Protection Bureau. Seila Law LLC had asked the court to allow the chief executive to remove the CFPB’s director, arguing the Dodd-Frank Act had granted impermissible executive power to an official that did not answer to the president. “In addition to being […]

Supreme Court gives president more power over Consumer Financial Protection Bureau – Raw Story

The Supreme Court ordered changes to a government consumer-finance watchdog created in the wake of the 2008 financial crisis, ruling the agency’s structure was unconstitutional because its director held too much unchecked power.The Supreme Court ordered changes to a government consumer-finance watchdog created in the wake of the 2008 financial crisis, ruling the agency’s structure was unconstitutional because its director held too much unchecked power.

Supreme Court Orders Restructuring of Consumer-Finance Watchdog - WSJ