Supreme Court sides with the Consumer Financial Protection Bureau, spurning a conservative attack
Supreme Court sides with the Consumer Financial Protection Bureau, spurning a conservative attack
President Joe Biden says the Supreme Court's rejection of a conservative-led attack that could've undermined the Consumer Financial Protection Bureau is “an unmistakable win" for consumers.
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.
You're viewing a single thread.
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)
Thank you for your service