Charles Krupa/Associated Press
- The Supreme Court will take on a lower court's decision that the Consumer Financial Protection Bureau's federal funding is unconstitutional.
- Senator Elizabeth Warren advocated for the Supreme Court to strike down that decision.
- She warned that endangering the CFPB as a watchdog could throw the economy into "chaos."
A federal watchdog championed by Sen. Elizabeth Warren that takes on student-loan companies and challenges corporate fraud is facing a major challenge from the Supreme Court.
The majority-conservative court announced on Monday that it would adjudicate whether the Consumer Financial Protection Bureau (CFPB) should continue to receive federal funding, which it has for more than a decade.