The Supreme Court on Thursday rejected a conservative-led attack that could have undermined the Consumer Financial Protection Bureau.

The justices ruled 7-2 that the way the agency is funded does not violate the Constitution, reversing a lower court. The CFPB was created after the 2008 financial crisis to regulate mortgages, car loans and other consumer finance.

  • blargerer@kbin.social
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    6 months ago

    I know there have been some sketchy instances or things that look like bribery (and may very well have been bribery) but in general I think people massively overstate the effects of bribery in politics. These people are crazy and believe the things they say, that’s why the money put them into the position they are in. This does mean that they do principled things all the time, the foundation of their beliefs is just fucked and incomprehensible to normal people.

    • Flying Squid@lemmy.world
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      6 months ago

      In politics? Yes. When it comes to Clarence Thomas in specific, no. It is very clear that he can be and has been bribed.

    • MyTurtleSwimsUpsideDown@fedia.io
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      6 months ago

      These people are crazy and believe the things they say, that’s why the money put them into the position they are in

      It is difficult to get a man to understand something, when his salary depends on his not understanding it.

      ~ Upton Sinclair