The Supreme Court will review the constitutionality of the Consumer Financial Protection Bureau’s (CFPB) funding mechanism.
Lower courts have split on the issue of whether the CFPB’s funding through annual transfers by the Federal Reserve violates the Constitution’s Appropriations Clause, which establishes Congress’s power of the purse.
…
“The Supreme Court’s actions today support what the industry has been saying for months, that there is confusion in the marketplace that must be addressed,” Leah Dempsey … said in a statement.
To read the full article, click here.
Recent Insights
Read MoreFederal and State Energy Legislation and Policy Update
Client Alert | April 09, 2026FDA FY ’27 Budget Proposes Broad New Authorities and Reforms Across Food, Drugs and Medical Devices
Presentation | April 09, 2026Willful Infringement and Enhanced Damages, Current Trends to Inform your Damages Case
Client Alert | April 07, 2026Trump Admin Adjusts Tariffs for “Derivative Products” Containing Steel, Aluminum and Copper
Client Alert | April 03, 2026Critical Minerals Take Center Stage in Trump’s FY27 Budget Request
Client Alert | April 03, 2026Bulked-Up Defense, Slimmed-Down Domestic: Inside the FY 2027 Skinny Budget
You have chosen to send an email to Brownstein Hyatt Farber Schreck or one of its lawyers. The sending and receipt of this email and the information in it does not in itself create and attorney-client relationship between us.
If you are not already a client, you should not provide us with information that you wish to have treated as privileged or confidential without first speaking to one of our lawyers.
If you provide information before we confirm that you are a client and that we are willing and able to represent you, we may not be required to treat that information as privileged, confidential, or protected information, and we may be able to represent a party adverse to you and even to use the information you submit to us against you.
I have read this and want to send an email.