WASHINGTON — TheSupreme Courton Monday ordered changes to a government consumer-finance watchdog created in the wake of the 2008 financial crisis, ruling the agency’s structure was unconstitutional because its director held too much-unchecked power.
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Thecourtin a 5-4 ruling said Congress overstepped constitutional lines in 2010 when it created the Consumer Financial Protection Bureau and placed it under the control of a single director who was insulated from the White House’s political direction. Lawmakers, attempting to give the bure…
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