Entries by kdarney

Federal Appeals Court and CFPB Finds Unconstitutional Concentration of Power

Today, a federal appeals court ruled that the single-director structure of the Consumer Financial Protection Bureau (CPFB) represents an “unconstitutional concentration” of executive power. The U.S. Court of Appeals for the District of Columbia found problem with the inability for other government sectors to admonish—or even review—the Bureau’s actions, with too much power placed at […]