SCOTUS to Decide Constitutionality of Consumer Financial Protection Bureau
The U.S. Supreme Court has decided to take up a case that threatens the very existence of the nation’s premier consumer watchdog agency, the Consumer Financial Protection Bureau (CFPB). Last October, the Fifth Circuit Court of Appeals ruled that the CFPB’s funding structure violated the Appropriations Clause of the Constitution, and that the agency’s payday lending … Continue reading SCOTUS to Decide Constitutionality of Consumer Financial Protection Bureau