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Connecticut AG Adds Independent Enforcement Authority for Dodd-Frank Actions | JD Supra
JD Supra· 2 days agoCongress passed the Act in the wake of the 2008 financial crisis. Among other things, the Act restricts banks’ ability to trade with their own funds (i.e., the Volcker Rule ...
‘This is just the beginning of CFPB regulation of the BNPL industry’ – regulatory experts
Retail Banker International via Yahoo Finance· 1 day agoThe decision was widely expected on the basis of oral argument. But the judgement matters. In...
Supreme Court Rules That the CFPB Is Constitutionally Funded | JD Supra
JD Supra· 4 days agoIn an opinion joined by six other Justices, Justice Thomas explained that Congress, through the Dodd-Frank Wall Street Reform and Consumer ...
Supreme Court Upholds CFPB Funding Structure, Clears Way for Payday Lending Rule Implementation | JD...
JD Supra· 4 days agoThe issue centered on the manner in which Congress decided to fund the CFPB when it created the agency as part of the Dodd-Frank Act in 2010. The agency ...
CFPB Averts Disaster at Supreme Court, But Challenges Remain | National Law Journal
Law.com· 7 days agoThe U.S. Supreme Court has spared the Consumer Financial Protection Bureau from what would have been...
Supreme Court Upholds CFPB Funding Structure as Constitutional | JD Supra
JD Supra· 4 days agoOn May 16, 2024, the U.S. Supreme Court issued its decision in Consumer Financial Protection Bureau v. Community Financial Services Association of America ...
How The Constitution Was Weaponized Against America’s Poorest Borrowers
Forbes· 2 days agoAmerica’s 12 million payday loan borrowers are off the radar screen of high finance, but their fee...
Supreme Court’s Decision Preserving Senator Warren’s Consumer Finance Regulator Sets ‘Dangerous’...
The New York Sun· 4 days agoThe Supreme Court’s decision on Thursday in shooting down a challenge that could have upended the...
Stephen L. Carter column: The Supreme Court just handed another loss to Congress
The Daily News· 3 days agoThe result isn’t wrong, and should even have been expected; but the implicit invitation to Congress...
SCOTUS Upholds CFPB Funding Mechanism | JD Supra
JD Supra· 4 days agoIn a landmark decision issued on May 16, the Supreme Court held that the Consumer Financial Protection Bureau’s (CFPB) funding mechanism is constitutionally sound, as it does ...