The Supreme Court said in a 7 to 2 decision that the CFPB's funding structure complies with the Constitution's Appropriations Clause.

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 landmark decision issued on May 16, the Supreme Court held that the Consumer Financial Protection Bureau’s (CFPB) funding mechanism is constitutionally sound, as it does not violate the ...

The U.S. Supreme Court upheld the manner in which the Consumer Financial Protection Bureau is funded. The opinion was written by Justice Clarence Thomas who reversed the decision of the Fifth Circuit.

The U.S. Supreme Court upheld the manner in which the Consumer Financial Protection Bureau is funded. The opinion was written by Justice Clarence Thomas who reversed the decision of the Fifth Circuit.

The U.S. Supreme Court on Thursday upheld the structure of the Consumer Financial protection Bureau, the watchdog agency set ...

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 ...