The Supreme Court said in a 7-2 decision that the Consumer Financial Protection Bureau's funding structure complies with the ...
In a 7-2 ruling issued Thursday, the U.S. Supreme Court rejected a challenge to the funding structure of the Consumer ...
The Court highlighted two founding-era agencies—the Customs Service and the Post Office—and described how their fee-based, standing appropriations serve as precedent for the CFPB's funding structure.
The 7-2 ruling puts an end to a case that threatened the bureau's existence and pushed at least one district judge to pause a CFPB rule pending the high court's opinion.
The Supreme Court upheld the funding structure for the Consumer Financial Protection Bureau on Thursday, turning aside an ...
Frank Act 2010. It is funded by a capped sum provided by the Federal Reserve. Other US federal agencies are funded by ...
The opinion was written by Justice Clarence Thomas who reversed the decision of the Fifth Circuit. Justices Neil Gorsuch and ...
The case had the potential to upend the bureau and its rulemaking abilities, but a 7-2 decision by justices upheld its ...
The Supreme Court ruled in favor of the Consumer Financial Protection Bureau, affirming that its special funding structure ...
The CFPB goes on to state, “This ruling upholds the fact that the CFPB’s funding structure is not novel or unusual, but in fact an essential part of the nation’s financial regulatory system, providing ...
The Supreme Court on Thursday rejected a constitutional challenge to the way the Consumer Financial Protection Bureau is ...
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 ...