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Supreme Court to review constitutionality of funding consumer protection bureau

Por: The Hill Politics February 28, 2023

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The Supreme Court will review the constitutionality of the Consumer Financial Protection Bureau’s (CFPB) funding mechanism. Lower courts have split on the issue of whether the CFPB’s funding through annual transfers by the Federal Reserve violates the Constitution’s Appropriations Clause, which establishes Congress’s power of the purse. , because it deemed the agency’s funding mechanism unconstitutional and found a nexus between it and... + full article



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