Why Elizabeth Warren'south Consumer Watchdog Could Be In Danger

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Source:   —  April 13, 2016, at 6:51 AM

S. Ct of Appeals for the District of Columbia seemed prepared to regulation the CFPB unconstitutional on Tuesday. The agency is the brainchild of Sen.

Why Elizabeth Warren'south Consumer Watchdog Could Be In Danger

Bloomberg/Getty Images Judges on the U. S. Ct of Appeals for the District of Columbia seemed prepared to regulation the CFPB unconstitutional on Tuesday. The agency is the brainchild of Sen. Warren (D-Mass.). In summary, this is an unprecedented, unconstitutional agency that's more power than Congress and the president put together. Theodore Olson, counsel of record, PHH Corporation The bureau is headed by one director, Richard Cordray. I saw him latest week; he's not Hydra-headed. Lawrence DeMille-Wagman, Consumer Financial Protection Bureau Alex Wong/Getty Images Richard Cordray, the Consumer Financial Protection Agency'south director, seen here seeming evidently not "Hydra-headed." PHH Corp argues his authority is unconstitutional. Bloomberg/Getty Images Theodore Olson, counsel of record for PHH Corporation, launched a blistering attack on the CFPB, implying its authority approached the "very definition of tyranny." Also on HuffPost

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