What the heck is going on with the CPB and an appeals court ruling it's structure unconstitutional?

[napi21]

http://www.moneytalksnews.com/court-rules-consumer-watchdog-agencys-structure-unconstitutional/

Is this appeals court another one with a Pub majority?

I don't see the problem with it's current wording because it prevents a Prewsident of the opposing party from deliberately filling the position with a party hack!

[4lbs]

1. The 3-judge federal panel ruled that the CFPB had too much power that was not able to be

"check and balanced", like other Federal agencies.

In other words, they objected to no safety measures that made sure that the CFPB didn't overreach and abuse its power.

http://www.wsj.com/articles/federal-appeals-court-finds-structure-of-cfpb-unconstitutional-1476197389

<snip>
The panel’s decision limited the broad discretion granted the five-year-old Consumer Financial Protection Bureau in the name of tilting the balance of power from industry to small borrowers, calling it a “gross departure” from the checks and balances normally imposed on regulatory agencies.

The judges also harshly criticized the enforcement action that led to the court ruling. It ordered the agency to reconsider the penalties that the CFPB had imposed on a mortgage lender for allegedly overcharging consumers.
<snip>


I'm not sure where they think the CFPB has too much power.