Press Releases

This Again? Industry Continues to Levy “Meritless” Claims Against the CFPB

Economic Security and Corporate Power
August 20, 2024

Earlier this year, the U.S. Supreme Court ruled that the funding structure of the Consumer Financial Protection Bureau (CFPB) is constitutional. Despite this significant victory for consumer protection, some large corporations have attempted to evade CFPB enforcement actions by arguing, once again, that the Bureau’s Federal Reserve funding is unco

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