Three other conservative justices, Chief Justice John Roberts and Justices Brett Kavanaugh and Amy Coney Barrett, joined Thomas in the opinion, as did the court's three liberal justices, Sonia Sotomayor, Elena Kagan and Ketanji Brown Jackson. Justices Samuel Alito and Neil Gorsuch, both conservative, ruled against CFPB.

The Supreme Court rejected a business-backed challenge that could have scuttled the federal agency set up to protect consumers from shady financial services practices.

Sen. Elizabeth Warren (D-Mass.) celebrated the Supreme Court’s Thursday decision to reject a GOP challenge to the Consumer Financial Protection Bureau’s (CFPB) funding structure. “The United States Supreme Court followed the law,