By Cass R. Sunstein, Bloomberg View
Republicans areputtinga great deal of pressure on President-elect Donald Trump to fire Richard Cordray, director of the Consumer Financial Protection Bureau. He should resist that pressure. Any effort to discharge Cordray would be illegal -- and it might even precipitate something close to a constitutional crisis.
Here’s the legal background. Most federal agencies count as “executive,” meaning that their heads serve at the pleasure of the president. But some agencies are “independent” -- meaning that by law, the people in charge of them can be removed only for good cause, which Congress ...
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