The Consumer Financial Protection Bureau was created in 2010 as the legislative response to the Great Recession. It's an aggressive regulator that challenges financial institutions on behalf of consumers. However, the unique power it wields may turn out to be its vulnerability. The bureau's critics take issue with the very tools that give the agency its might and are asking the Supreme Court to make changes. Today, we examine how the CFPB came to be such a powerful regulator and why some want to see the agency overhauled.
For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.
Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
2024-12-25 22:072480 view
2024-12-25 21:48899 view
2024-12-25 20:362719 view
2024-12-25 20:172525 view
2024-12-25 20:1053 view
2024-12-25 19:501805 view
The digital parking payment app ParkMobile has agreed to a $32.8 million settlement after a 2021 dat
A cadre of states sought to keep alive U.S. efforts to fight climate change in 2019, in the face of
Climate change is bringing spring earlier to three-quarters of the United States’ federal wildlife r