Trump administration fights its own agency in U.S. courtWASHINGTON (Reuters) - The Trump administration took an unusual step on Friday in its efforts to defang the U.S. financial consumer watchdog created after the banking crisis, with the executive branch of the federal government telling a court that one of its own agencies is violating the U.S. Constitution. The Justice Department filed a brief opposing the Consumer Financial Protection Bureau’s appeal of a ruling that its single-director structure does not hew to the constitution. The decision that the bureau appealed also said the president should have the power to fire the agency’s head at will. Under the 2010 Dodd-Frank Wall Street reform law that created the CFPB to protect individuals against fraud in lending, the president can only fire the agency director for cause. The CFPB director is currently Obama appointee Richard Cordray, hailed by consumer advocates for taking action against payday lenders, credit card companies and debt collectors. Many bankers and Wall Street executives, along with Republican lawmakers, have said his authority to both write and enforce regulations is too wide. The agency can represent itself in court cases except for those before the Supreme Court, putting President Donald Trump in a rare predicament: he cannot direct the Justice Department to withdraw the appeal. Instead, the Justice Department could only file a brief supporting the CFPB’s opponent, mortgage company PHH Corp. “A single-headed independent agency presents a greater risk than a multi-member independent commission of taking actions or adopting policies inconsistent with the President’s executive policy,” the Justice Department argued, saying a commission must compromise, while a single director does not answer to anyone. The department also said that because CFPB directors hold five-year terms, a president may not get a chance to appoint someone who agrees with him. Cordray’s term expires next year. The department argued the U.S. Court of Appeals for the District of Columbia Circuit should allow Trump to fire the director at will, upholding the original decision reached by a three-member panel of its judges in October.  No U.S. president has ever dismissed an independent agency’s director for cause. Republican lawmakers say Cordray’s history provides Trump with cause for dismissal, although some are seeking a legislative path to fire him. The rare inter-agency legal fight was widely expected.  After Trump’s election win, some states’ attorneys general and Democrats in Congress sought permission to represent the CFPB in the appeal, anticipating Trump would try to undermine the agency. politicsNews
trump administration fights agency courtwashington reuters the trump administration took unusual step friday efforts demand financial consumer watchdog created banking crisis executive branch federal government telling court one agencies violating constitution the justice department filed brief opposing consumer financial protection bureau appeal ruling structure he constitution the decision bureau appealed also said president power fire agency head under wall street reform law created cfb protect individuals fraud lending president fire agency director cause the cfb director currently obama appointee richard portray hailed consumer advocates taking action panda lenders credit card companies debt collectors many bankers wall street executives along republican lawmakers said authority write enforce regulations wide the agency represent court cases except supreme court putting president donald trump rare predicament direct justice department withdraw appeal instead justice department could file brief supporting cfb opponent mortgage company ph a independent agency presents greater risk independent commission taking actions adopting policies inconsistent president executive policy justice department argued saying commission must compromise single director answer anyone the department also said cfb directors hold terms president may get chance appoint someone agrees portray term expires next year the department argued court appeals district columbia circuit allow trump fire director upholding original decision reached panel judges october no president ever dismissed independent agency director cause republican lawmakers say portray history provides trump cause dismissal although seeking legislative path fire the rare legal fight widely expected after trump election win states attorneys general democrats congress sought permission represent cfb appeal anticipating trump would try undermine agency politicsnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: Trump administration fights its own agency in U.S. courtWASHINGTON (Reuters) - The Trump administration took an unusual step on Friday in its efforts to defang the U.S. financial consumer watchdog created after the banking crisis, with the executive branch of the federal government telling a court that one of its own agencies is violating the U.S. Constitution. The Justice Department filed a brief opposing the Consumer Financial Protection Bureau’s appeal of a ruling that its single-director structure does not hew to the constitution. The decision that the bureau appealed also said the president should have the power to fire the agency’s head at will. Under the 2010 Dodd-Frank Wall Street reform law that created the CFPB to protect individuals against fraud in lending, the president can only fire the agency director for cause. The CFPB director is currently Obama appointee Richard Cordray, hailed by consumer advocates for taking action against payday lenders, credit card companies and debt collectors. Many bankers and Wall Street executives, along with Republican lawmakers, have said his authority to both write and enforce regulations is too wide. The agency can represent itself in court cases except for those before the Supreme Court, putting President Donald Trump in a rare predicament: he cannot direct the Justice Department to withdraw the appeal. Instead, the Justice Department could only file a brief supporting the CFPB’s opponent, mortgage company PHH Corp. “A single-headed independent agency presents a greater risk than a multi-member independent commission of taking actions or adopting policies inconsistent with the President’s executive policy,” the Justice Department argued, saying a commission must compromise, while a single director does not answer to anyone. The department also said that because CFPB directors hold five-year terms, a president may not get a chance to appoint someone who agrees with him. Cordray’s term expires next year. The department argued the U.S. Court of Appeals for the District of Columbia Circuit should allow Trump to fire the director at will, upholding the original decision reached by a three-member panel of its judges in October.  No U.S. president has ever dismissed an independent agency’s director for cause. Republican lawmakers say Cordray’s history provides Trump with cause for dismissal, although some are seeking a legislative path to fire him. The rare inter-agency legal fight was widely expected.  After Trump’s election win, some states’ attorneys general and Democrats in Congress sought permission to represent the CFPB in the appeal, anticipating Trump would try to undermine the agency. politicsNews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: trump administration fights agency courtwashington reuters the trump administration took unusual step friday efforts demand financial consumer watchdog created banking crisis executive branch federal government telling court one agencies violating constitution the justice department filed brief opposing consumer financial protection bureau appeal ruling structure he constitution the decision bureau appealed also said president power fire agency head under wall street reform law created cfb protect individuals fraud lending president fire agency director cause the cfb director currently obama appointee richard portray hailed consumer advocates taking action panda lenders credit card companies debt collectors many bankers wall street executives along republican lawmakers said authority write enforce regulations wide the agency represent court cases except supreme court putting president donald trump rare predicament direct justice department withdraw appeal instead justice department could file brief supporting cfb opponent mortgage company ph a independent agency presents greater risk independent commission taking actions adopting policies inconsistent president executive policy justice department argued saying commission must compromise single director answer anyone the department also said cfb directors hold terms president may get chance appoint someone agrees portray term expires next year the department argued court appeals district columbia circuit allow trump fire director upholding original decision reached panel judges october no president ever dismissed independent agency director cause republican lawmakers say portray history provides trump cause dismissal although seeking legislative path fire the rare legal fight widely expected after trump election win states attorneys general democrats congress sought permission represent cfb appeal anticipating trump would try undermine agency politicsnews