Washington — The Supreme Court on Thursday upheld the funding structure for the Consumer Financial Protection Bureau, or CFPB, rescuing the consumer finance agency from another effort by its ...
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.
Then, last year, the Fifth Circuit Court of Appeals ruled that the CFPB's structure is unconstitutional because, instead of an annual congressional appropriation, Congress set the agency's funding at ...
Then, last year, the 5th Circuit Court of Appeals ruled that the CFPB's structure is unconstitutional because, instead of an ...
The preliminary injunction also linked the fate of the credit card late fee rule with the pending outcome of the CFPB’s funding structure constitutionality case, stating, “If the Court denies ...
Then, last year, the 5th Circuit Court of Appeals ruled that the CFPB's structure is unconstitutional because, instead of an annual congressional appropriation, Congress set the agency's funding ...
The U.S. Supreme Court upheld the manner in which the Consumer Financial Protection Bureau is funded. The opinion was ... Congress created the CFPB after the 2008 financial crash to protect ...
Justice Clarence Thomas wrote the majority opinion deeming the bureau's funding structure constitutional. In a 7-2 ruling issued Thursday, the U.S. Supreme Court rejected a challenge to the funding ...
Justices Neil Gorsuch and Samuel Alito dissented. The U.S. Supreme Court upheld the manner in which the Consumer Financial Protection Bureau is funded. Congress created the CFPB after the 2008 ...