By Richard Gottlieb and Charles Washburn (January 28, 2020, 3:37 PM EST) -- It is hard for some to believe, but the Consumer Financial Protection Bureau will begin its 10th year in July. And the past year was an active one. Below we distill some key stories from 2019, as well as likely major developments in 2020.
Is the Bureau Constitutional?
The lead story is the constitutionality of the CFPB's structure. When Congress created the bureau in the Dodd-Frank Act back in 2010, it granted the bureau extraordinary independence on the theory that such autonomy was needed to avoid a recurrence of the 2007-2008 crash that nearly brought down the U.S. financial system....
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