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  • U.S. Supreme Court gives president more power over consumer financial agency

    U.S. Supreme Court gives president more power over consumer financial agency

    The U.S. Supreme Court on Monday handed President Donald Trump more authority over a federal agency charged with protecting consumers in the financial sector, empowering him to fire its director at will and ruling that the structure it was given by Congress violated the U.S. Constitution.

    H/T: Reuters

    “The agency may therefore continue to operate, but its Director, in light of our decision, must be removable by the President at will,” Chief Justice John Roberts wrote on behalf of the majority.

    Read the full majority opinion below.

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