The Supreme Court said in a 7 to 2 decision that the CFPB's funding structure complies with the Constitution's Appropriations Clause.
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 U.S. Supreme Court on Thursday upheld the structure of the Consumer Financial protection Bureau, the watchdog agency set ...
The Supreme Court ruled in favor of the Consumer Financial Protection Bureau, affirming that its special funding structure ...
On May 16, 2024, the U.S. Supreme Court, in a 7-2 decision, ruled that the CFPB’s funding mechanism does not violate the Appropriations Clause of the U.S. Constitution. That ruling is discussed here.
International law firm Dorsey & Whitney partner Joseph Lynyak is one of the US’ foremost experts on US financial regulatory ...
The justices did not buy the industry’s argument that the consumer financial regulator’s funding mechanism was unconstitutional.
Legal experts explain why Justice Clarence Thomas split from his conservative colleagues to save the controversial CFPB in ...
The Consumer Financial Protection Bureau issued a statement today regarding the Supreme Court’s decision in CFPB v. Community Financial Services ...
An Egyptian appeals court has upheld a one-year prison sentence against a prominent political activist who attempted to challenge President Abdel Fattah el-Sissi in last year’s election CAIRO ...
The opinion was written by Justice Clarence Thomas, who reversed the decision of the 5th Circuit. Justices Neil Gorsuch and Samuel Alito dissented. Supreme Court upholds funding structure for ...