The ruling is the latest development in the legal fight over the Consumer Finance Protection Bureau supporters say combats predatory lending and other abuses. Critics say the agency is too powerful.
President Trump named Mick Mulvaney as acting director of the Consumer Financial Protection Bureau on Friday, the same day outgoing director Richard Cordray named his own interim successor.
The embattled director of Consumer Financial Protection Bureau says he will resign by the end of November. Cordray was a frequent target of Republican lawmakers for his tough stance on banks
The Consumer Financial Protection Bureau is in the executive branch, but the president doesn't control it, which he says is unconstitutional. Agency supporters say independence is its strength.
A survey by the Consumer Financial Protection Bureau finds that more than 1 in 4 Americans contacted by collectors feel threatened. The bureau is revamping rules for the industry.
For many Americans, buying a house is the biggest financial transaction of their lives, but a new federal report says half of buyers don't shop around for a better interest rate on their mortgage.
