Supreme Court saves consumer protection agency after a challenge from conservatives and the payday lending industry
By John Fritze and Joan Biskupic, CNN (CNN) — The Supreme Court ruled Thursday that the federal watchdog created in response to the 2008 financial meltdown may continue to operate in its current form, brushing aside claims from the payday lending industry that could have severely jeopardized years of consumer-friendly banking regulations. Justice Clarence Thomas wrote the majority
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