Progressive Lawyer Explains How to Defend Agencies With Constitution's Text and History

Also, SEC to finalize rules that boost disclosure of short selling and securities lending; Financial trades urge bank regulators to extend comment periods

[Note to readers: Capitol Account won’t be published on Monday due to the federal holiday. We will be back in your inbox Tuesday.]

Friday Q and A: As we saw from this week’s oral arguments on the constitutionality of the CFPB’s funding, the federal courts – and the Supreme Court in particular – are increasingly playing a central role in financial regulat…