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United States Supreme Court Rejects Challenge to the Consumer Financial Protection Bureau’s Funding Mechanism

Last Thursday, the Supreme Court upheld the Congressional funding mechanism used to fund the Consumer Financial Protection Bureau (CFPB), overruling a Fifth Circuit decision that found the funding mechanism violated the...more

The Second Circuit Weighs in on the Constitutionality of the CFPB’s Funding Structure, Disagreeing with the Fifth Circuit

In a recent opinion, the Second Circuit considered a second challenge to the funding structure of the CFPB, upholding it as constitutional. On October 19, 2022, this issue was first considered by the Fifth Circuit in...more

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