U.S. Supreme Court Upholds CFPB Funding Scheme
Constitutional Law Reporter
JUNE 10, 2024
601 U.S. _ (2024), the U.S. Supreme Court upheld the funding scheme that supports the Consumer Financial Protection Bureau (CFPB or Bureau). As the Supreme Court explained in Cincinnati Soap Co. The Fifth Circuit Court of Appeals agreed, holding that the CFPB’s funding mechanism violates the Appropriations Clause.
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