State National Bank

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Supreme Court rejects Texas bank challenge to CFPB 

Jan 14, 2019By

The Supreme Court declined to hear a Texas bank’s constitutional challenge to the structure of the Consumer Financial Protection Bureau on Monday. The State National Bank of Big Spring, Texas, claimed the CFPB’s “unprecedented, unchecked power” violates the Constitution’s separation of powers.

3d rendering of a row of luxury townhouses along a street

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