CFPB ‘Constitutional’ After Appeals Court Ruling

An appeals court on Wednesday upheld the constitutionality of the Consumer Financial Protection Bureau’s (CFPB) organizational structure.
The agency, which has been at the center of controversy in the era of Trump, was deemed unconstitutional in a 2016 ruling. The agency’s director cannot be dismissed at will (in other words, without cause), per its structure—authority that is unbalanced and unchecked, critics say. In a 7-3 ruling on Wednesday, the U.S. Court of Appeals for the