Trump Administration Looks to Supreme Court to Rein In Consumer Finance Agency

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The Trump administration argues the Consumer Financial Protection Bureau is unconstitutional because its design limits the president’s power to remove the director

WASHINGTON—The Trump administration told the Supreme Court Tuesday that the Consumer Financial Protection Bureau is unconstitutional because Congress limited the president’s power to remove the agency’s director before his or her five-year term expires.

Two federal appeals courts have upheld the CFPB’s structure, which is intended to insulate the director from political interference by allowing dismissal only for “inefficiency, neglect of duty, or malfeasance in office.” They relied on a 1935 Supreme Court precedent, known...

 

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Trump doesn’t recognize any authority than can limit his power. You can argue any specific instance but not the pattern. The pattern say illiberal authoritarian. Those who go along will regret it. A lot of us already do.

He is always one step ahead of everybody!

The Napoleon syndrome in a banana republic, oh my!

why does he like fire people?

It should be a private entity

If there is one dominant theme of the Trump administration, it is that Trump should have power over everything – from federal agencies, DOJ, courts, elections, media and even the Constitution. The party of limited government has rolled over in its grave.

We should ask Elizabeth Warren about the CFPB.

Et tu, wsj? CFPB was created by socialists/Dems headed by Liz Warren, free of Congressional oversight. Meaning NO oversight by citizens. It gathers citizens’ info w/o warrants “for our protection” & sues banks, funneling the $ to hard-core leftist groups. Unconstitutional? Yes.

How?

Just another attack on the consumer.

What he just wants all kinds of power doesn’t he this guys got to go

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