US: Supreme Court steps into case over consumer agency - - PressFrom - US
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US Supreme Court steps into case over consumer agency

22:35  18 october  2019
22:35  18 october  2019 Source:   msn.com

Colombia ex-president appears before Supreme Court in witness tampering investigation

  Colombia ex-president appears before Supreme Court in witness tampering investigation Colombia's popular and influential former president Alvaro Uribe, who is facing a judicial investigation over witness tampering, appeared Tuesday before the country's Supreme Court, which will decide whether or not it will try the former leader. © Raul ARBOLEDA Former Colombian president Alvaro Uribe (C) arrives at the Palace of Justice for a hearing before the Supreme Court in a case over witness tampering It was the first time an ex-president has appeared before Columbia's highest court. require(["medianetNativeAdOnArticle"], function (medianetNativeAdOnArticle) { medianetNativeAdOnArticle.

WASHINGTON (AP) — The Supreme Court is stepping into a yearslong, politically charged fight over the federal consumer finance watchdog agency that was created in the wake of the 2008 financial crisis.

FILE - In this June 17, 2019 file photo, The Supreme Court is shown in Washington. The Supreme Court seems likely to leave in place the oversight board established by Congress to help Puerto Rico out of a devastating financial crisis that was deepened by Hurricane Maria in 2017.  The justices voiced skepticism Tuesday about a constitutional challenge to the oversight board's composition that could affect more than $100 billion in debt and the island’s economic future. Hedge funds that invested in Puerto Rican bonds are leading the case against the board. (AP Photo/J. Scott Applewhite) © Provided by The Associated Press FILE - In this June 17, 2019 file photo, The Supreme Court is shown in Washington. The Supreme Court seems likely to leave in place the oversight board established by Congress to help Puerto Rico out of a devastating financial crisis that was deepened by Hurricane Maria in 2017. The justices voiced skepticism Tuesday about a constitutional challenge to the oversight board's composition that could affect more than $100 billion in debt and the island’s economic future. Hedge funds that invested in Puerto Rican bonds are leading the case against the board. (AP Photo/J. Scott Applewhite)

The justices agreed Friday to review an appeals court decision that upheld the structure of the Consumer Financial Protection Bureau. The agency has long been a target of conservative Republicans.

The Justice Department usually defends federal law. But the Trump administration agrees with a California law firm challenging the CFPB that the president should be able to fire the agency's director for any reason.

The CFPB was created as part of the Dodd-Frank legislation in response to the financial crisis.

Trump plans to appeal House subpoena for financial records to Supreme Court .
President Trump's attorneys told a federal appeals court Thursday that they intend to take a legal battle with the House Oversight Committee over the president's financial records to the Supreme Court.Trump's legal team asked the full D.C. Circuit Court of Appeals on Thursday to review a three-judge panel's decision earlier this month upholding the Oversight Committee's demand for the president's finances. They also filed a separate motion to stay the circuit court's decision, saying that they intend to "ask the Supreme Court to review whether the Mazars subpoena exceeds the Committee's constitutional and statutory authority.

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