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The Supreme Court's Court of Appeals Ruled That the Consumer Financial Protection Bureau Is Unconstitutional

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The Consumer Financial Protection Bureau, or CFPB, was created in 2010 by Elizabeth Warren before she was a senator. A payday lending group brought this case to the court. Three judges on the panel sided with them regarding a 2017 regulation. But they made a more significant decision too. They said that the way the agency is funded violates the Constitution.

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