Justice Department Calls Consumer Financial Protection Bureau's Structure Unconstitutional

On Friday the Justice Department opposed the Consumer Financial Protection Bureau in a court case, calling the independent consumer regulator's structure unconstitutional. The department was created during the Obama administration.

The CFPB is in the midst of a fight to keep its structure, which keeps the bureau's director protected from political interference, the The Wall Street Journal reports. The Justice Department is arguing that the current structure is an issue because the President would only be allowed to remove the director for negligence or wrongdoing.

The Department wants the President to be able to fire the director at will.

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