The US Supreme Court has ruled that the president has discretion to remove the head of the Consumer Financial Protection Bureau and that a congressional restriction on that authority is unconstitutional. However, the court has declined to shut down the agency.
High court affirms presidential power to fire CFPB head
Sign up for CPA Letter Daily
The latest CPA news
Get the intelligence you need: news and information that is changing your industry today, hand-curated by our professional editors from thousands of sources and delivered straight to your inbox.