Today, according to VOX, the Supreme Court announced that it will hear a lawsuit challenging the leadership structure of the Consumer Financial Protection Bureau (CFPB).
Questions:
- According to the article, who championed the establishment of the CFPB?
- In general, who leads most federal agencies and who leads most independent agencies by contrast?
- How is the leadership of the CFPB different?
- How far do you think the Supreme Court will go in potentially eliminating the CFPB?
- Explain the protection provided for the PCAOB in 2010 that resulted from the case: Free Enterprise Fund v. Public Company Accounting Oversight Board.
Source:
Millhiser, I. (2019). The Supreme Court will decide if Trump can fire the CFPB director. The implications are enormous. VOX, Oct. 18 (Retrievable online at https://www.vox.com/policy-and-politics/2019/9/18/20872236/trump-justice-department-supreme-court-cfpb-unitary-executive)