subject
History, 15.12.2020 18:40 kiannasmith46

The 2008 financial crisis destabilized the economy and left millions of Americans economically devastated. Congress studied the causes of the recession to craft solutions; it determined that the financial services industry had pushed consumers into unsustainable forms of debt and that federal regulators had failed to prevent mounting risk to the economy, in part because those regulators were overly responsive to the industry they purported to police. Congress saw a need for an agency to help restore public confidence in markets: a regulator attentive to individuals and families. So it established the Consumer Financial Protection Bureau. Congress gave the CFPB a single director protected against removal by the president without cause. In PHH Corporation v. Consumer Fraud Protection Bureau, the director’s protection against removal by the executive was challenged as an unconstitutional impediment to the president’s power.

Did Congress’s creation of an agency head who cannot be removed by the president for five years except for cause violate the constitutional principles of checks and balances?

ansver
Answers: 3

Another question on History

question
History, 21.06.2019 23:00
10. how were the mycenaeans and the minoans similar? they did not enslave anyone or tolerate slavery in any form. they had an organized and strong central government. they designed and built heavily fortified settlements. they reigned and traded in and around the aegean sea.
Answers: 2
question
History, 22.06.2019 00:20
How did great depression affect germany and the soviet union differently
Answers: 2
question
History, 22.06.2019 02:30
Which of the following best describes the outcome of the bay of pigs invasion? -it ended in a draw despite strong air support from the united states. -it was a partial success that to resolve the cuban missile crisis. -it was a success and created hostility between cuba and the soviet union. -it was a failure that was an embarrassment for the kennedy administration.
Answers: 1
question
History, 22.06.2019 03:50
Why are nation-states difficult to create?
Answers: 1
You know the right answer?
The 2008 financial crisis destabilized the economy and left millions of Americans economically devas...
Questions
question
Mathematics, 31.05.2021 14:00
question
Computers and Technology, 31.05.2021 14:00
Questions on the website: 13722360