U.S. court rules CFPB structure unconstitutional but can continue operating
October 11, 2016 at 10:28 AM EDT
WASHINGTON, Oct 11 (Reuters) - A U.S. appeals court on Tuesday ruled that the U.S. Consumer Financial Protection Bureau is unconstitutional because too much power is vested in the regulator's sole director, but that it can continue operating with the director removable by the president.