The CFPB Found Unconstitutional…But …
PYMNTS
OCTOBER 12, 2016
Elizabeth Warren — one of the guiding figures behind the CFPB — took a somewhat different line on the ruling, firmly noting it was not a defeat for post-financial crisis efforts and banking regulation and reform. Although the FRB, ITC, SEC, FDIC, FCC, NCUA, etc., The ruling “will likely be appealed and overturned,” Warren noted.
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