A Mississippi payday loan company is arguing the Consumer Financial Protection Bureau’s structure violates the constitutional separation of powers, and the only solutions are to set aside all actions or abolish the bureau entirely.
All American Check Cashing recently filed a petition for a writ of certiorari with the Supreme Court, stating it is urgent justices decide not only whether the structure of the CFPB is constitutional, but how to fix that alleged structural constitutional violation.
Read on for highlights of All American’s petition.
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