Bloomberg Law
Jan. 23, 2017, 7:18 PM UTC

Blue States Are Joining Forces in Court to Protect Obama Legacy

By Erik Larson, Bloomberg News

Attorneys general from 16 states banded together to join a federal appeals court battle in defense of the 5 1/2-year-old Consumer Financial Protection Bureau, the latest sign of state-level Democrats combining resources to shield former President Barack Obama’s legacy.

President Donald Trump has spoken out against the Dodd- Frank reforms that created the agency after the financial crisis, and he’s likely to fire its director and stop defending the bureau in court, according to Connecticut Attorney General George Jepsen, who’s leading the states.

“If President Trump implements his announced agenda, it’s hard to see it ...

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