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WASHINGTON (AP) — The Supreme Court docket is getting right into a yearslong, politically charged battle over the federal particular person finance watchdog company that was created within the wake of the 2008 financial crisis.
The justices agreed Friday to review an appeals court docket resolution that upheld the structure of the Client Financial Security Bureau. The company has prolonged been a target of conservative Republicans.
The Justice Department in most cases defends federal law. However the Trump administration agrees with a California law firm tough the CFPB that the president wants to be ready to fireplace the company’s director for any motive.
The CFPB was created as share of the Dodd-Frank legislation in response to the financial crisis.
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