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Consumer Action: Supreme Court Rules That Consumer Agency Funding Is Constitutional
May 17, 2024
SAN FRANCISCO, California, May 17 -- Consumer Action issued the following news release on May 16, 2024:

The Supreme Court ruled today that the Consumer Financial Protection Bureau's (CFPB) independent funding is what Congress intended and is constitutional.

The 7-2 decisive decision in the case Consumer Financial Protection Bureau (CFPB) v. Community Financial Services Association of America (CFSA) rejects payday lenders' goals to defund and defang the Consumer Bureau. . . .

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