The Supreme Court said in a 7-2 decision that the Consumer Financial Protection Bureau's funding structure complies with the ...
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 Supreme Court on Thursday rejected a challenge to the constitutionality of the structure used to fund the Consumer ...
Frank Act 2010. It is funded by a capped sum provided by the Federal Reserve. Other US federal agencies are funded by ...
The U.S. Supreme Court on Thursday upheld the structure of the Consumer Financial protection Bureau, the watchdog agency set ...
The Supreme Court on Thursday issued a ruling upholding the funding structure of the Consumer Financial Protection Bureau, a ...
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.
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 on Thursday rejected a broad challenge to the Consumer Financial Protection Bureau, reversing a lower-court ...
In a 7-2 ruling issued Thursday, the U.S. Supreme Court rejected a challenge to the funding structure of the Consumer ...
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.