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.
Here’s the case’s name that the author felt wasn’t relevant to the story and a link so you can actually read the opinion for anyone interested:
Consumer Financial Protection Bureau v. Community Financial Services Assn. of America, Ltd., 601 U.S. ___ (2024)
https://supreme.justia.com/cases/federal/us/601/22-448/
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