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5th Circ. Told CFPB Structure Is 'Blatantly Unconstitutional'

By Michelle Casady ( January 19, 2022, 7:53 PM EST) -- During oral arguments Wednesday morning before the en banc Fifth Circuit, an attorney representing a payday loan company argued a lawsuit brought against his client by the Consumer Financial Protection Bureau must be dismissed because the watchdog agency is too insulated from oversight, in violation of the Constitution....

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