Skip to main content

Sign up for our newsletter.

Quality journalism. Progressive values. Direct to your inbox.

For Immediate Release

Press Release

Supreme Court Puts CFPB Director Under Trump’s Thumb

Statements From Public Citizen Experts.
WASHINGTON -

Note: The U.S. Supreme Court today ruled that a statute protecting the director of the U.S. Consumer Financial Protection Bureau (CFPB) from being fired without cause by the president is unconstitutional. The court, however, rejected arguments that actions taken by the CFPB must be undone as a result. Instead, the court “severed” the tenure protection provision from other laws governing the agency and declared that it is unenforceable. Thus, the president now has the power to fire the CFPB’s director at will. Public Citizen, together with the Americans for Financial Reform Education Fund, Consumer Federation of America, Consumer Reports, the National Association of Consumer Advocates, Tzedek DC and the U.S. Public Interest Research Group Education Fund filed an amicus brief defending the agency.

“The Supreme Court today acted in disregard of decades of precedent establishing Congress’ power to protect agency officials from being fired without cause by the president. The court has tilted the constitutional balance of power by substantially limiting Congress’s authority to determine when and how to ensure that agency officials are free from undue political pressures. At a time when the president places his own interests above those of the public, officials who seek to carry out their duties with independence and integrity already have targets on their backs. The Supreme Court’s decision enables the president’s reckless assaults on the integrity of our public servants.”

– Scott Nelson, attorney, Public Citizen Litigation Group

“Today’s decision is wrong, but there are two silver linings. First, the court did not fall for the argument that the good work the CFPB has done so far must be undone because of Congress’ unsuccessful effort to protect its director’s independence. Second, and perhaps even more importantly, when we again have a president who cares about consumer protection, he or she can immediately fire any CFPB director who is dedicated to thwarting rather than fulfilling the agency’s mission of consumer protection.”

– Robert Weissman, president, Public Citizen

###

Public Citizen full logo

Public Citizen is a nonprofit consumer advocacy organization that champions the public interest in the halls of power. We defend democracy, resist corporate power and work to ensure that government works for the people – not for big corporations. Founded in 1971, we now have 500,000 members and supporters throughout the country.

With New Guaranteed Income Bill, Omar Proposes Sending Most People in US $1,200 Per Month

"We as a nation have the ability to make sure everyone has their basic needs like food, housing, and healthcare met," said the Minnesota Democrat.

Kenny Stancil ·


'A Very Serious Threat': CDC Document Warns Delta Variant Is as Contagious as Chickenpox

"People need to understand that we're not crying wolf here," said the CDC director. "It's one of the most transmissible viruses we know about."

Jake Johnson ·


As Biden Refuses to Act, Dems Make Last-Minute Push to Extend Eviction Moratorium

"If the administration won't act to extend the national eviction moratorium that expires on Saturday, we must," said Rep. Pramila Jayapal.

Jake Johnson ·


Poll: Overwhelming Majority of US Voters Want Robust Regulation of Tech Companies

"When it comes to Big Tech's monopoly power and surveillance business model, the public is unified: They want action. They want to see the Big Tech companies broken up and users' privacy protected."

Brett Wilkins ·


228 Republicans Blasted for Brief Urging Supreme Court to Overturn Roe v. Wade

"Every single politician who signed this amicus brief is actively working to strip away our fundamental freedoms and endanger pregnant people and families across the country."

Jessica Corbett ·