Supreme Court Upholds Consumer Financial Protection Bureau

Supreme Court Upholds Consumer Financial Protection Bureau

One day last year, I was wandering the streets of Washington, D.C. and I came upon a building under construction with a small sign reading, "CFPB" hanging on its wall. This was supposed to be the new headquarters of the Consumer Finance Protection Bureau, the brainchild of Senator Professor Warren dedicated to clawing back money from the crooks in the finance sector. I thought this might be a bit of reckless optimism since the Republicans had marked the CFPB for …