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Supreme Court rules in favor of CFPB, brainchild of Sen. Elizabeth Warren

May 16, 2024

The Supreme Court ruled on Thursday that the funding mechanism that feeds the Obama-era agency Consumer Financial Protection Bureau (CFPB) is constitutional. In a 7-2 decision, authored by Justice Clarence Thomas, the court held that Congress uniquely authorized the bureau to draw its funding directly from the Federal Reserve System, therefore allowing it to bypass the usual funding mechanisms laid out in the Appropriations Clause of the Constitution. ...

FEATURED POST

Conservative activists in the GOP caucus called any power sharing with the minority party a betrayal of Republican voters.

An Atelier dress designer and supporter of President Donald Trump shocked partygoers and social media users once again with a silhouette unlike …