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“The CFPB therefore will continue to operate and to perform its many duties, but will do so as an executive agency akin to other executive agencies headed by a single person, such as the Department of Justice and the Department of the Treasury,” the court said. Although the FRB, ITC, SEC, FDIC, FCC, NCUA, etc., So now what?
It will include the secretaries of the Treasury and Commerce, the attorney general, the chair of the Securities and Exchange Commission (SEC), the chair of the Commodity Futures Trading Commission (CFTC), and the heads of other relevant departments and agencies. Notably, US banking regulators (e.g.,
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