Appeals court finds structure of CFPB unconstitutional

11 October 2016, 06:06 PM

Psihala

Join Date: 28 February 2001

Location: Denver, CO

Posts: 7,378

Appeals court finds structure of CFPB unconstitutional

The structure of the Consumer Financial Protection Bureau (CFPB) is not constitutional, according to a ruling by a federal appeals court, which also sent back an enforcement action by the five-year-old agency against mortgage lender PHH Corp. for review.

http://www.cbsnews.com/news/appeals-...onstitutional/

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