Appeals court: Consumer watchdog structure unconstitutional
The U.S. consumer watchdog agency, enmeshed in partisan politics since its creation after the financial crisis, now has had its structure ruled unconstitutional because it gives too much power to a single agency director.A federal appeals court ruled Tuesday that the way the Consumer Financial Protection Bureau is organized violates the Constitution's separation of powers by limiting the president's ability to remove the director who heads the agency.The law creating the independent agency after
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