Supreme Court Makes It Easier for President to Remove CFPB Head

29 Juin, 2020, 19:50 | Auteur: Adelaide Bullion
  • Supreme Court Makes It Easier for President to Remove CFPB Head

The Consumer Financial Protection Bureau (CFPB), formed in the wake of the 2008 financial crash, should continue to exist even though one of the legal provisions that created it is unconstitutional, a divided Supreme Court ruled this morning. Federal law had blocked the president from dismissing its director, who has to be confirmed by the U.S. Senate, before that person's five-year term lapses, unless the termination is for "inefficiency, neglect of duty, or malfeasance in office". When Trump took office, his DOJ took a stance against the CFPB, arguing the President should be able to remove the director at-will.

But the Constitution gives the president the power to remove top executive branch officials for any reason or no reason at all, the challengers said. The decision, written by Chief Justice John Roberts, agreed with a California-based law firm's argument that the CFPB's leadership by a sole director who was removable "only for cause" violated the separation of powers rule under the U.S. Constitution.

Roberts' holding that the CFBP structure is unconstitutional was joined by Justices Clarence Thomas, Samuel A. Alito Jr., Neil M. Gorsuch and Brett M. Kavanaugh.

The decision should have no immediate impact at the agency, because the current director, Kathy Kraninger, was appointed by President Trump in 2018. The Trump administration had argued that the restrictions improperly limit the power of the president.

Justice Elena Kagan, writing for herself and three liberal colleagues, called the majority opinion simplistic. Lawmakers wanted the agency to be independent from political interference. "I respectfully dissent", Kagan wrote.

Prison et amendes pour les époux Fillon dans l'affaire des emplois fictifs
Son épouse a été condamnée à trois ans de prison avec sursis et 375 000 euros d'amende ainsi qu'à deux ans d'inéligibilité. A 66 ans, François Fillon , désormais retraité de la politique, s'est reconverti dans la finance.

Cardinals’ Jermiah Braswell arrested for DUI
Once on scene, officers found an orange Chevrolet Camaro that had driven off the embankment and ended in the lake. An NFL player is likely in hot water after the vehicle he was driving ended up in the waters of Lake Erie.

Trump deletes video with ‘white power’ slogan after backlash
The White House defended President Donald Trump's Sunday tweet that included a video of his supporters yelling the phrase " white power " at protesters at a Florida retirement community.

Sen. Elizabeth Warren (D-Mass.) speaks during a protest in front of the Consumer Financial Protection Bureau headquarters in Washington on November 28, 2017.

The bureau, the brainchild of former Democratic presidential candidate Elizabeth Warren, has been politically polarizing, with Democrats citing a need to combat financial-industry excesses and Republicans warning of runaway government regulation. As reflected in our amicus brief and our work, Americans for Financial Reform Education Fund and the broader community focused on consumer financial protection, including consumer advocates, civil rights organizations, and grassroots groups, have been committed to the CFPB's independence from the beginning because we believe that an independent regulator more insulated from political pressures will lead to the best outcomes for consumers.

The Supreme Court is seen in Washington, June 15, 2020.

The law firm, which specializes in resolving consumer debt issues, sued in response to a 2017 CFPB request for information and documents during an investigation into whether it had violated federal consumer financial law.

Conseillé:



Populaire

Gilead prices remdesivir at $390 per vial
Remdesivir was developed by Gilead Sciences to treat Ebola, the deadly hemorrhagic fever that emerged in West Africa in 2014. After this period, once supplies are less constrained, HHS will stop managing the allocation, the company said.

Mercedes dévoile une livrée noire pour la saison 2020
Les moteurs des voitures de Formule 1 vont à nouveau vrombir cette semaine. "C'est notre position claire face au racisme et toutes les formes de discrimination".

Amazon employees in Germany will strike more than COVID-19 bacterial infections
Monday's strikes are planned for Amazon sites in Leipzig, Lousy Hersfeld, Rheinberg, Werne, and Koblenz, Reuters claimed. Recently, the Verdi informed that the protest would last at least 2 days long.

Anthony Mackie calls out Marvel over several whitewashed projects
He said that, as a leading man, he will try to push for this as he has "the power and the ability to ask those questions". However, Mackie also notes that Marvel Studios needs to step it up when it comes to rounding up talent behind the scenes.

Facebook: ne commercialisera bientôt plus l'Oculus Go
Bradé depuis janvier, l'accessoire sera encore supporté pendant un temps par Oculus - jusque 2022 pour les mises à jour, et fin 2020 pour les apps.

US Supreme Court rules to uphold abortion rights
The petitioners asked the Supreme Court to rule on whether that decision violated past precedents and should be struck down. Trump pledged during his 2016 election campaign to overturn Roe v Wade , a key goal of right-wing evangelical Republicans.

85 infected with coronavirus after outbreak at MI college bar
MI reported 252 new cases of COVID-19 on Sunday, a slight decrease from several consecutive days of an uptick in cases. Harper's acknowledged on its Facebook page that it had been unable to enforce social distancing outside of the bar.

SEC commissioner Greg Sankey commends MS for vote to change state flag
Members of Working Together Mississippi, a religious leadership organisation, listen as Bishop Ronnie C. A new flag is not allowed to include a Confederate symbol and must include the words "In God We Trust".

Après la Premier League, Sadio Mané s’attaque à un prochain objectif
Liverpool , sacré, voici désormais une fin de saison de Premier League sous le signe de la tranquillité qui s'avance. C'est au PSG et à Jürgen Klopp de décider.

Iran issues arrest warrant for Trump over killing of top general
In January, a US drone strike in Iraq killed Soleimani, who was the leader of the Revolutionary Guards' Quds Force. Recall that the USA military killed Soleimani in an air strike outside Baghdad global airport.