The Supreme Court said in a 7-2 decision that the Consumer Financial Protection Bureau's funding structure complies with the ...

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 ...

In a 7-2 ruling issued Thursday, the U.S. Supreme Court rejected a challenge to the funding structure of the Consumer ...

The opinion was written by Justice Clarence Thomas, who reversed the decision of the 5th Circuit. Justices Neil Gorsuch and ...

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.

On May 16, 2024, the U.S. Supreme Court issued its decision in Consumer Financial Protection Bureau v. Community Financial Services Association of America, Ltd. In an opinion by Justice Thomas, the ...

The Supreme Court ruled in favor of the Consumer Financial Protection Bureau, affirming that its special funding structure ...

Frank Act 2010. It is funded by a capped sum provided by the Federal Reserve. Other US federal agencies are funded by ...

The case had the potential to upend the bureau and its rulemaking abilities, but a 7-2 decision by justices upheld its ...

WASHINGTON >> The U.S. Supreme Court today upheld the Consumer Financial Protection Bureau’s funding mechanism in a challenge brought by the payday loan industry, handing a victory to President Joe ...

The Supreme Court on Thursday rejected a constitutional challenge to the way the Consumer Financial Protection Bureau is ...