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‘Lawless and Reckless’: Warren Condemns Fifth Circuit Attack on CFPB

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'Lawless and Reckless': Warren Condemns Fifth Circuit Attack on CFPB

Photo caption: Sen. Elizabeth Warren (D-Mass.) attends a hearing on March 15, 2022 in Washington, D.C. Photo credit: Drew Angerer / Getty Images. Article by Jake Johnson. Common Dreams –

“Extreme right-wing judges are throwing into question every rule the CFPB enforces to protect consumers and businesses alike,” said Sen. Elizabeth Warren.

The conservative-dominated Fifth Circuit Court of Appeals ruled Wednesday that the Consumer Financial Protection Bureau’s funding structure is unconstitutional, a decision that Sen. Elizabeth Warren—one of the agency’s architects—decried as “lawless and reckless.” […]

Related articles:

The Fed is in the red: Should it still pay CFPB’s bills? – The Hill

Biden targets hidden ‘junk fees’ from banks, cable TV, concert tickets – Reuters

Sen. Warren says big banks fail to prevent ‘rampant’ fraud on payment platform Zelle, urges CFPB to tighten regulations – CNBC

 

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