The Supreme Court said in a 7-2 decision that the Consumer Financial Protection Bureau's funding structure complies with the ...
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 U.S. Supreme Court on Thursday upheld the structure of the Consumer Financial protection Bureau, the watchdog agency set ...
The U.S. Supreme Court on Thursday upheld the structure of the Consumer Financial protection Bureau, the watchdog agency set up by Congress after the 2008 financial crash to protect consumers from ...
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 its decision in Consumer Financial Protection Bureau v. Community Financial Services Association of America, Ltd. In an opinion by Justice Thomas, 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 5th Circuit.
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.