Supreme Court Upholds CFPB Funding Structure

Consumer Financial Protection Bureau v. Community Financial Services Ass’ns of America, No. 22-448 Today, the Supreme Court held in a 7-2 decision that the funding structure for the Consumer Financial Protection Bureau (CFPB) is constitutional. Background: Congress funds most federal agencies through annual appropriations. In contrast, Congress funds the CFPB through the Dodd-Frank Act, which authorizes the CFPB … Continue reading Supreme Court Upholds CFPB Funding Structure