Richard Cordray (center) is director of the Consumer Financial Protection Bureau. This week, a federal appeals court struck down the law creating the bureau. The court ruled that the bureau’s head must not be independent of the president, but must serve at his pleasure and be subject to his complete control. Cordray, a Democrat and former Ohio attorney general, has run the agency since it began operating in July 2011.
Richard Cordray (center) is director of the Consumer Financial Protection Bureau. This week, a federal appeals court struck down the law creating the bureau. The court ruled that the bureau’s head must not be independent of the president, but must serve at his pleasure and be subject to his complete control. Cordray, a Democrat and former Ohio attorney general, has run the agency since it began operating in July 2011. 2015 file photo The Associated Press
Richard Cordray (center) is director of the Consumer Financial Protection Bureau. This week, a federal appeals court struck down the law creating the bureau. The court ruled that the bureau’s head must not be independent of the president, but must serve at his pleasure and be subject to his complete control. Cordray, a Democrat and former Ohio attorney general, has run the agency since it began operating in July 2011. 2015 file photo The Associated Press

Consumer Financial Protection Bureau becomes a constitutional sticking point

October 12, 2016 1:54 PM