Report from Brownstein Hyatt Farber Schreck summarizes landmark decision and rulemakings on hold until the Supreme Court issues its decision, largely ending the debate over the constitutionality of the CFPB’s funding structure.
05/20/2024 1:35 P.M.
7 minute read
By Brownstein Hyatt Farber Schreck Financial Services Team
In a landmark decision issued on May 16, the Supreme Court held that the Consumer Financial Protection Bureau’s funding mechanism is constitutionally sound, and it does not violate the Appropriations Clause.
The decision will
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