At a time when many Republicans are urging President Trump to weaken the Consumer Financial Protection Bureau,
a federal judge has now upheld its authority to issue a subpoena in a housing finance investigation.
A federal judge upheld the the Consumer Financial Protection Bureau’s authority to issue a subpoena in a housing finance investigation.
Sarah Edelman, director of housing policy for the left-leaning Center for American Progress, said, “This is an example of how the bureau stands up for Americans — it is a nimble agency
that doesn’t fall victim to the typical loopholes that companies use to get around the rules Congress has put in place to protect our pocketbooks.”
Yet the ruling comes at a time when the future of the bureau is very much in doubt.
