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 ...
On May 16, 2024, the U.S. Supreme Court issued a significant opinion in Consumer Financial Protection Bureau v. Community Financial Services Association of America, Ltd., upholding the funding ...
The opinion was written by Justice Clarence Thomas, who reversed the decision of the 5th Circuit. Justices Neil Gorsuch and ...
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 Supreme Court upheld the funding structure for the Consumer Financial Protection Bureau on Thursday, turning aside an ...
Washington: The US Supreme Court on Thursday upheld the Consumer Financial Protection Bureau's funding mechanism in a ...
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’s ruling reverses a prior decision by the U.S. Court of Appeals for the 5th Circuit ruled that the CPFB’s funding violates the Constitution and should be subject to Congressional ...
The Biden administration had warned that striking down the CFPB’s funding mechanism could jeopardize other agencies funded in ...
International law firm Dorsey & Whitney partner Joseph Lynyak is one of the US’ foremost experts on US financial regulatory ...
The Supreme Court on Thursday rejected a constitutional challenge to the way the Consumer Financial Protection Bureau is ...