by James L. Gattuso
The Heritage Foundation
January 31, 2013
It may be back to the beginning for the new Consumer Financial Protection Bureau. The agency, under the direction of Richard Cordray, had just built up a full head of steam, releasing some 16 regulations in the past year. But a court decision on January 25 may not only stop this train, but send it back to the station. Such a reversal would be good news for consumers, and possibly lead to welcome reform of this ill-considered agency.

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