US News
Featured

Constitutionality of Consumer Bureau Challenged Before Supreme Court

Constitutionality of Consumer Bureau Challenged Before Supreme Court
Democratic presidential candidate Sen. Elizabeth Warren (D-Mass.), who helped create the Consumer Financial Protection Bureau, in Cambridge, Mass., on March 3, 2020. Scott Eisen/Getty Images
Matthew Vadum
Matthew Vadum
contributor
|Updated:

The Consumer Financial Protection Bureau (CFPB), created in the wake of the 2008 financial crash, is unconstitutional because its director, unlike the typical federal official, isn’t accountable to the elected president of the United States who appointed the person, the Supreme Court heard.

The high court is expected to render its judgment in the case in coming months, a move that seems certain to enliven the election cycle no matter what it decides.