How a Supreme Court Case Could Upend the Consumer Financial Protection Bureau ...Middle East

In a year where global financial turmoil has once again toppled banks and shaken consumer confidence, a related battle with huge implications is quietly playing out in court. The Supreme Court heard arguments on Oct. 3 in a case that could jeopardize the survival of the Consumer Financial Protection Bureau, the federal agency established in the wake of the 2008 financial crisis to help defend Americans against unfair and deceptive lending practices. At risk is the most important consumer protection law passed in a half century. It is all part of a broader legal attack against the agencies that protect public health, the environment, and fair markets—a trend that goes well beyond bank

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