Woodstock Institute: Statement - Supreme Court Ruling Delivers Major Victory to Consumers
May 17, 2024
May 17, 2024
CHICAGO, Illinois, May 17 (TNSres) -- Woodstock Institute issued the following statement on May 16, 2024:
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This morning, the Supreme Court issued a decision in favor of the Consumer Financial Protection Bureau (CFPB) in CFPB v. Community Financial Services Association of America (CFSA). The Court ruled that arguments against the CFPB's independent funding mechanism brought by CFSA, the payday lending industry's lobbying group, were unfounded.
In respo . . .
* * *
This morning, the Supreme Court issued a decision in favor of the Consumer Financial Protection Bureau (CFPB) in CFPB v. Community Financial Services Association of America (CFSA). The Court ruled that arguments against the CFPB's independent funding mechanism brought by CFSA, the payday lending industry's lobbying group, were unfounded.
In respo . . .