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Three federal appeals court judges appointed by President Trump have ruled that the funding structure of the Consumer Financial Protection Bureau is unconstitutional.
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The Consumer Financial Protection Bureau is a powerful agency policing predatory or unfair practices. Trump hobbled it. But a court ruling allows Biden to appoint a new sheriff at the bureau.
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Democratic lawmakers sent a letter to the director of the nation's top consumer watchdog agency demanding that the Consumer Financial Protection Bureau do its job supervising the student loan system.
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Elizabeth Warren and other senators fired tough questions at Kathy Kraninger, President Trump's nominee to run the Consumer Financial Protection Bureau.
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As a Republican congressman, Mick Mulvaney sponsored legislation to abolish the agency. Now that he's running it, he wants Congress to put the independent watchdog on a short leash.