A federal appeals court on Tuesday ruled that the organization of the CFPB is unconstitutional since it is operated by a single person, but the court said that the agency may continue to operate. 

The bureau will operate as a federal agency whose director is supervised and may be removed by the president, according to the court ruling. 

Agency officials vowed to continue their work, although NAFCU President/CEO B. Dan Berger called for an immediate halt to the CFPB's rulemaking process. 

Do you think the CFPB being ruled unconstitutional changes anything for credit unions?
No
Yes, if a supervisory commission is created
Not unless the rulemaking process is immediately halted or CFPB shuts down
Other
Please Specify:

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