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The three-term congressman will compete in the New Hampshire primary. Rep. Dean Phillips is running to be the Democratic nominee for president in 2024, he announced on CBS News on Friday morning. The three-term Minnesota congressman will challenge President Joe Biden for the Democratic nomination in 2024 -- a move that moves the moderate to the fringes of the party as he battles the well-funded and establishment-backed incumbent. Phillips will also com Pet e against longshot candidate Marianne Williamson for the nomination. At 54, Phillips has for months been urging Democrats to put forward another primary challenge r to the 80-year-old Biden -- highlighting concerns over his age and approval ratings. "I think President Biden has done a spectacular job for our country. But it's not about the past. This is an election about the future. I will not sit still I will not be quiet in the face of numbers that are so clearly saying that we're going to be facing an emergency next ...

The Consumer Financial Protection Bureau is on the line Tuesday at the Supreme Court. The government agency created after the 2008 financial crisis to protect Americans from predatory and deceptive Business es practices is on the line Tuesday at the Supreme Court. The justices is hearing an existential challenge to the Consumer Financial Protection Bureau, the independent watchdog and banking regulator, in a case that could impact anyone who has a mortgage, loan or credit card. A group of payday loan companies regulated by the CFPB allege that the way the agency is funded -- not by annual appropriations from Congress but by the Federal Reserve -- is unconstitutional. MORE: Supreme Court gives president more control over Consumer Financial Protection Bureau The Consumer Financial Protection Bureau headquarters in Washington, D.C., Dec. 23, 2020. Bloomberg via Getty Images, FILE They want the court to invalidate everything the CFPB has done since its inception because of the allegedly ...