Free Republic

Separation of Powers: A U.S. appeals court took a small step to restoring constitutional order to the federal government on Tuesday when it issued a blistering decision which found that the design of the Consumer Financial Protection Bureau was unconstitutional. Unfortunately, the court left this dangerous agency otherwise intact. It's not too much of an exaggeration to describe the CFPB as the Frankenstein's Monster of federal regulatory agencies. When Democrats breathed life into it as part of the Dodd-Frank financial reform law, they created a bureau that — by design — was almost entirely unaccountable to the public. Congress has...

the US Court of Appeals from the DC Circuit today found that the Consumer Financial Protection Bureau was “structurally unconstitutional.” The offending structure consists of an independent agency with a single, all-powerful executive director. The Court found that structure fell between two stools – an agency with a single head needs to be accountable to the President, while an independent agency needs to have internal checks and balances by having a multi-member commission format like the SEC and others... The Consumer Financial Protection Bureau’s lack of checks and balances violates the Constitution’s separation of powers. Its director is like a...