Court backs president’s right to fire CFPB director

The court in a 5-4 ruling said the current structure of the federal watchdog is “unconstitutional” without oversight from the executive branch. Previously, the CFPB director could only be removed by the president for “inefficiency, neglect of duty, or malfeasance in office.”

source https://www.autonews.com/finance-insurance/court-backs-presidents-right-fire-cfpb-director