The Washington Post

Federal Judge Rules That Consumer Protection Bureau Is Unconstitutional

June 22, 2018

A New York federal judge ruled Thursday that the structure of the Consumer of Financial Protection Bureau is unconstitutional and that the watchdog agency should be eliminated.  Senior U.S. District Judge Loretta A. Preska threw out the bureau’s lawsuit against a New Jersey company that the bureau alleged had scammed former NFL players and 9/11 emergency medical workers out of millions of dollars.

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