Energy Energy

Consumer Financial Protection Bureau's structure struck down by US Supreme Court

By Claude Marx
  • 29 Jun 2020 12:57
  • 29 Jun 2020 12:57
The structure of the Consumer Financial Protection Bureau, with a single director removable only for inefficiency, neglect or malfeasance, violates the separation of powers spelled out in the Constitution, a divided US Supreme Court ruled today.
The bureau “lacks a foundation in historical practice and clashes with constitutional structure by

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Claude Marx


Claude Marx has been a reporter for FTCWatch since February 2013 and during that time has written about a range of subjects such as the implications of certain mergers on consumers, the regulation of advertising and attempts by Congress to overhaul the patent system. He also writes regularly for MLex.

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