Los Angeles Times

Supreme Court to decide fate of Obama-era Consumer Financial Protection Bureau

Elizabeth Warren, D- Mass., was among the champions of the Consumer Financial Protection Bureau at its creation.

WASHINGTON — The Supreme Court said Monday it would decide on the constitutionality of the Consumer Financial Protection Bureau, created in the wake of the 2008 Wall Street collapse and funded directly by the Federal Reserve.

The case poses a threat to an array of independent agencies, including potentially the Federal Reserve.

The court's conservatives have been skeptical of the notion that agencies can operate outside the direct control of the president and

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