February 16, 2017 / 5:37 PM / 9 months ago

U.S. appeals court to reconsider challenge to consumer bureau

WASHINGTON, Feb 16 (Reuters) - A U.S. appeals court on Thursday said it will reconsider an October ruling that the structure of the Consumer Financial Protection Bureau (CFPB) is unconstitutional.

A full panel of 10 judges on the U.S. Court of Appeals for the District of Columbia Circuit, will decide the case. A three-judge panel had earlier decided the CFPB vests too much power in its sole director. That decision has now been wiped off the books. (Reporting by Lawrence Hurley, editing by G Crosse)

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