US Senator Warren: Supreme Court CFPB case threatens all bank regulators

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US Senator Warren: Supreme Court CFPB case threatens all bank regulators
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A case due to come before the U.S. Supreme Court next week has the potential to expose every federal bank regulator to political inference while also jeopardizing Social Security and Medicare, the federal health insurance program, U.S. Senator Elizabeth Warren said on Thursday. The court next week is due to hear arguments in a challenge to the constitutionality of the U.S. Consumer Financial Protection Bureau's (CFPB) funding. Trade groups representing the payday lending industry, which brought the case, argue the U.S. Constitution prohibits the current arrangement in which the Federal Reserve supplies the CFPB's funding.

Zelensky’s blunders risk alienating Ukraine’s allies

While delivering aid to Kherson Oblast, Dnipro, and Kharkiv, I was struck by the warmth and gratitude extended to us by the Ukrainian nation. Upon presenting our Polish and British passports, one border guard, Igor, greeted us with the words, “Welcome, you are one of us.” The military were shaking our hands and expressing their appreciation for the support their embattled nation received. An elderly woman called Iryna, who lost her home and relatives in Kherson, cried, and hugged us.

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