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Congressional Research Service Issues Legal Sidebar White Paper on CFPB's Funding Authority is Unconstitutional
March 10, 2023
WASHINGTON, March 10 -- The Congressional Research Service issued the following Legal Sidebar white paper on the CFPB's funding authority is unconstitutional (No. LSB10891) on March 9, 2023, by legislative attorneys Sean M. Stiff and David H. Carpenter:

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Fifth Circuit: CFPB's Funding Authority is Unconstitutional

In 2010, Congress established the Consumer Financial Protection Bureau (the CFPB or Bureau) as an independent bureau within the Fed . . .

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