Supreme Court Case Could Upend Consumer Watchdog Agency Created by Elizabeth Warren
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The CFPB was created by Elizabeth Warren to centralize consumer financial protection laws and hold companies accountable. It has returned over $17 billion to consumers.
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The CFPB's independent funding angers some conservatives as an example of effective government overreach.
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The CFPB helps consumers by providing a free complaints system and public database of issues. This enhances consumer power.
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The Supreme Court case challenges CFPB's funding method, but risks massive chaos if overturned.
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Warren argues the Court should respect Congress' role in structuring agencies, not substitute its own judgment.