Several groups file suit challenging CFPB’s authority 
Published: June 22, 2012
Tags: Competitive Enterprise Institute, Consumer Financial Protection Bureau, Dodd-Frank Wall Street Reform and Consumer Protection Act, federal court
WASHINGTON – Several organizations have filed a federal lawsuit challenging the constitutionality of the provisions of the Dodd-Frank financial reform law that created a consumer watchdog agency with broad authority to regulate mortgages, credit cards and other consumer financial products from banks and nonbanks.
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