Last Updated: Oct. 3, 2023 at 9:09 p.m. ET
First Published: Oct. 3, 2023 at 12:01 p.m. ET
The Consumer Financial Protection Bureau faces a high-stakes legal fight
CFPB Director Rohit Chopra, pictured, said Tuesday’s Supreme Court case should raise “serious shared trepidations” for consumers, market participants and financial markets.
MarketWatch photo illustration/Getty Images, iStockphoto
The Consumer Financial Protection Bureau, a federal agency that rose from the wreckage of the Great Recession, is readying for a high-stakes fight Tuesday at the U.S. Supreme Court.
The CFPB was created as part of the Dodd-Frank Act, a sweeping 2010 law passed in the aftermath of the Great Recession that aimed at the weak spots in financial regulation.
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