Richard Cordray
An appeals court will reconsider a major defeat for the Consumer Financial Protection Bureau.
So much for economic populism.
“It may not survive the way we know it through this administration.”
“This is about bringing better accuracy and accountability to a market that desperately needs it.”
WHAT'S HAPPENING
A federal court was sympathetic to arguments that the Consumer Financial Protection Bureau is unconstitutional.
"They would prefer the CFPB ignore this particular injustice."
Wall Street watchdogs are worried about several Dem defections.