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WEKU
Nina Totenberg

Consumer watchdog agency's fate at Supreme Court could nix other agencies too

The fate of the CFPB, and other agencies that are similarly funded, is in the hands of the U.S. Supreme Court. (Drew Angerer/Getty Images)

If you have a mortgage or a loan or a credit card, you likely have more protection from deceptive practices in the financial services industry today than you did at the time of the 2008 financial crash. Now, however, those protections could be in doubt.

On Tuesday, the U.S. Supreme Court hears arguments in a major case that could threaten the very existence of the Consumer Financial Protection Bureau and potentially numerous other federal agencies.

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