Breaking News: Appeals court rules consumer bureau's structure is constitutional

View in your browser     Appeals court rules consumer bureau's structure is constitutional Language in the Dodd-Frank Act that establishes the Consumer Financial Protection Bureau’s independence from Congress is constitutional, the U.S. Court of Appeals for the District of Colombia Circuit ruled Wednesday, overturning a 2016 ruling by three of the court's judges. In a review of the court’s previous decision in PHH vs. CFPB, the full panel held that the CFPB can exist as an independent agency with a sole director only fireable by the president for “inefficiency, neglect of duty, or malfeasance” without violating the Constitution's limits on executive power. Read the full story here         Did a friend forward you this email? Sign up for Breaking News     Forward Breaking News     You Might Like       Privacy Policy  |  Manage Subscriptions  |  Unsubscribe  |  Email to a friend  |  Sign Up for Other Newsletters   The Hill 1625 K Street, NW 9th Floor, Washington DC 20006 ©2016 Capitol Hill Publishing Corp., a subsidiary of News Communications, Inc.