The Supreme Court said in a 7-2 decision that the Consumer Financial Protection Bureau's funding structure complies with the ...
The Supreme Court upheld the funding structure for the Consumer Financial Protection Bureau on Thursday, turning aside an ...
The issue centered on the manner in which Congress decided to fund the CFPB when it created the agency as part of the Dodd-Frank Act in 2010. The agency is organized under the Federal Reserve System ...
The Biden administration had warned that striking down the CFPB’s funding mechanism could jeopardize other agencies funded in ...
The opinion was written by Justice Clarence Thomas, who reversed the decision of the 5th Circuit. Justices Neil Gorsuch and ...
The closely watched case had threatened to not only curtail the power of the bureau but also to disrupt financial markets.
The Supreme Court on Thursday ruled the funding mechanism of the Consumer Financial Protection Bureau complies with the ...
The case had the potential to upend the bureau and its rulemaking abilities, but a 7-2 decision by justices upheld its ...
WASHINGTON >> The U.S. Supreme Court today upheld the Consumer Financial Protection Bureau’s funding mechanism in a challenge brought by the payday loan industry, handing a victory to President Joe ...
The Supreme Court upheld the financial structure of the Consumer Financial Protection Bureau, a watchdog agency that has long ...
In a 7-2 ruling issued Thursday, the U.S. Supreme Court rejected a challenge to the funding structure of the Consumer ...
On May 16, 2024, the U.S. Supreme Court issued a significant opinion in Consumer Financial Protection Bureau v. Community Financial Services Association of America, Ltd., upholding the funding ...