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Supreme Court upholds funding structure for CFPB
CBS News· 5 days agoThe Supreme Court on Thursday upheld the funding structure for the Consumer Financial Protection Bureau, or CFPB, rescuing the consumer finance agency...
CFPB Wins at the Supreme Court | JD Supra
JD Supra· 1 day agoOn May 16, the United States Supreme Court, in a 7-2 ruling, held that the CFPB’s funding mechanism does not violate the Appropriations Clause of the U.S. Constitution. As ...
Supreme Court Rules That the CFPB Is Constitutionally Funded | JD Supra
JD Supra· 1 day agoOn May 16, 2024, the Supreme Court reversed a Fifth Circuit decision which held that the funding for the Consumer Financial Protection Bureau (CFPB) violated the Appropriations ...
CFPB’s credit card late fee rule stayed | JD Supra
JD Supra· 1 day agoDistrict Court for the Northern District of Texas entered an opinion and order granting the plaintiffs, comprising several trade organization, its motion for preliminary injunction and placed ...
SCOTUS Opines in Favor of CFPB on Constitutionality of Funding | JD Supra
JD Supra· 1 day agoThe U.S. Supreme Court ruled last week that the Consumer Financial Protection Bureau (CFPB) is constitutionally funded, ending a lengthy challenge by a payday lender to its ...
Supreme Court Upholds CFPB Funding Structure, Clears Way for Payday Lending Rule Implementation | JD...
JD Supra· 1 day 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 is organized under ...
CFPB Reports Troubling Trends in Credit Card Rewards Programs | JD Supra
JD Supra· 1 day agoOn May 9, 2024, the Consumer Financial Protection Bureau (CFPB) issued a new Issue Spotlight regarding growing problems in the credit card rewards program industry. Credit ...
On Heels of Supreme Court Decision, CFPB Announces Updated Compliance Dates for its 1071 Rule | JD...
JD Supra· 1 day agoAs discussed here, last week the U.S. Supreme Court issued its long-awaited decision in Community Financial Services Association of America, Limited...
Supreme Court Upholds CFPB Funding Structure as Constitutional | JD Supra
JD Supra· 1 day agoIn an opinion by Justice Thomas, the Court held, 7-2, that Congress may allow the Consumer Financial Protection Bureau (CFPB) to draw money from the Federal Reserve System ...
Supreme Court Upholds Constitutionality of CFPB’s Funding Mechanism | JD Supra
JD Supra· 1 day agoWith these words, seven members of the Supreme Court upheld the constitutionality of the Consumer Financial Protection Bureau’s funding mechanism and forestalled the possibility that years of ...
