Current location:Cultural Current news portal > entertainment
Supreme Court: CFPB funding doesn't violate Constitution
Cultural Current news portal2024-05-22 11:21:02【entertainment】1People 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://bosniaandherzegovina.arandomquote.com/content-1c199812.html
Very good!(63)
Related articles
- Concussion replacements added for Copa America under the pink substitution pass system
- The iconic American rivers becoming so filthy with pollution they are 'endangered'
- The iconic American rivers becoming so filthy with pollution they are 'endangered'
- Columbia University: Police arrest protesters who had set up pro
- Progressive prosecutor in Portland, Oregon, seeks to fend off tough
- Former Wisconsin Democratic Rep. Peter Barca announces new bid for Congress
- UN OKs shipment of vaccine storage equipment to North Korea — Radio Free Asia
- Former Wisconsin Democratic Rep. Peter Barca announces new bid for Congress
- Report says China is accelerating the forced urbanization of rural Tibetans
- Man granted parole for his role in the 2001 stabbing deaths of 2 Dartmouth College professors
Popular articles
Recommended
Macy's tops expectations for the first quarter as luxury and beauty sales shine
Former Wisconsin Democratic Rep. Peter Barca announces new bid for Congress
Missouri lawmakers back big expansion of low
EU proposes youth mobility agreement with UK to help youngsters travel, work and live in both areas
Nevada abortion
Devon Windsor, 30, flaunts her slender post
Caitlin Clark mobbed by fans at introductory Indiana Fever press conference
Love Island's Molly Marsh displays her incredible figure in a logo
Links
- Will AI replace doctors who read X
- China abolishes mortgage floor rates, cuts minimum down payment ratios to boost property market
- China's AG600 large amphibious aircraft advances toward certification
- Rosie Huntington
- Olivia Rodrigo fans queue up for 12 HOURS to buy tickets for her Australian Guts 2024 tour amid sky
- Dua Lipa, Harry Styles and Ed Sheeran are named among Britain's richest under 40s
- Solar sector shrugs off tariff action
- Shohei Ohtani gets first walk
- Kevin Costner sheds happy tears during 10
- Chris Pratt relies on 'wisdom' of father