Supreme Court rules Consumer Financial Protection Bureau funding structure is legal

  • 📰 CNBC
  • ⏱ Reading Time:
  • 12 sec. here
  • 4 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 72%

Politics News

Breaking News: Politics,Business News

The Supreme Court ruled that the funding structure of the Consumer Financial Protection Bureau is legal.

Andrew Kelly | ReutersThursday that the funding structure of the Consumer Financial Protection Bureau is legal.

The ruling protects that CFPB from a potential death sentence, given the risk that a bitterly divided Congress would not authorize annual appropriations for the agency in the manner that is traditional for other agencies.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in LAW

Law Law Latest News, Law Law Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Supreme Court sides with the Consumer Financial Protection Bureau, spurning a conservative attackThe Supreme Court has rejected a conservative-led attack that could've undermined the Consumer Financial Protection Bureau.
Source: wjxt4 - 🏆 246. / 63 Read more »

Supreme Court sides with Consumer Financial Protection BureauThe Supreme Court on Thursday rejected a conservative-led effort that could have undermined the Consumer Financial Protection Bureau.
Source: 13WHAM - 🏆 256. / 63 Read more »

Supreme Court sides with the Consumer Financial Protection Bureau, spurning a conservative attackThe Supreme Court has rejected a conservative-led attack that could've undermined the Consumer Financial Protection Bureau. The justices ruled Thursday the way the agency is funded does not violate the Constitution, reversing a lower court.
Source: AP - 🏆 728. / 51 Read more »

Supreme Court sides with the Consumer Financial Protection Bureau, spurning a conservative attackThe Supreme Court has rejected a conservative-led attack that could've undermined the Consumer Financial Protection Bureau.
Source: KPRC2 - 🏆 80. / 68 Read more »

Supreme Court sides with the Consumer Financial Protection Bureau, spurning a conservative attackThe Supreme Court has rejected a conservative-led attack that could've undermined the Consumer Financial Protection Bureau.
Source: ksatnews - 🏆 442. / 53 Read more »

Supreme Court rejects payday lenders' challenge to Obama-era consumer protection bureauSupreme Court rejects a conservative challenge to the U.S. agency that protects consumers from financial scams.
Source: latimes - 🏆 11. / 82 Read more »