Current location:Universal Update news portal > travel
Supreme Court: CFPB funding doesn't violate Constitution
Universal Update news portal2024-05-22 11:22:06【travel】8People have gathered around
IntroductionWASHINGTON (AP) — The Supreme Court on Thursday rejected a conservative-led attack that could have u
WASHINGTON (AP) — The Supreme Court on Thursday rejected a conservative-led attack that could have undermined the Consumer Financial Protection Bureau.
The justices ruled 7-2 that the way the CFPB is funded does not violate the Constitution, reversing a lower court and drawing praises from consumers. Justice Clarence Thomas wrote the majority opinion, splitting with his frequent allies, Justices Samuel Alito and Neil Gorsuch, who dissented.
The CFPB was created after the 2008 financial crisis to regulate mortgages, car loans and other consumer finance. The case was brought by payday lenders who object to a bureau rule that limits their ability to withdraw funds directly from borrowers’ bank accounts. It’s among several major challenges to federal regulatory agencies on the docket this term for a court that has for more than a decade been open to limits on their operations.
Address of this article:http://mexico.fightbigfood.org/news-91e999001.html
Very good!(7813)
Related articles
- North Carolina bill seeks to restrict public and media access to criminal autopsy reports
- Why Barron is 'little Melania': How protective first lady is keeping her son, 18, in a Mar
- Deliveroo transports food to customers in west London on penny farthing bicycle from 1880s
- Javier Assad shuts down Braves as Cubs roll to 7
- Garcia, Winker go deep as Nats end slide, beat struggling Twins 12
- Major update after teenage boy is struck down on his way to school
- West Virginia voters must pick from GOP candidates who dispute 2020 election outcome
- RISHI SUNAK: As a father to two young girls I know how vital this guidance is
- Time's up after 3 hours as NFL limits interviews for coaches still busy in playoffs
- Australian gov't confirms 2nd consecutive budget surplus
Popular articles
Recommended
Lindor goes 0
Landlord slammed after gloating about evicting their tenant
Landlord slammed after gloating about evicting their tenant
All eyes are on Coppola in Cannes. Sound familiar?
Weather forecasters warn Pakistanis to stay indoors ahead of new heat wave
Anitta defends her Afro
Stock market today: World shares are mixed after Wall St hits fresh records on hopes for rate cuts
Kervin Arriaga scores for the second straight game and Minnesota United ties the LA Galaxy 2
Links
- 'Constantly learning' Imanaga off to impressive start with the Chicago Cubs
- The Latest
- 'Constantly learning' Imanaga off to impressive start with the Chicago Cubs
- Six killed in a 'foiled coup' in Congo, the army says
- Election 2024: Biden and Trump bypassed the Commission on Presidential Debates
- Liverpool confirms Arne Slot as Jurgen Klopp's replacement
- Medics remove 150 MAGGOTS from a woman's mouth after dental procedure left her with rotting tissue
- Fresh heartache for cancer
- Hollywood star Shia LaBeouf is spotted on the streets of Gavin and Stacey's hometown Barry
- Here comes the char