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Supreme Court sides with the Consumer Financial Protection Bureau, spurning a conservative attack
#1
https://www.aol.com/news/supreme-court-s...23912.html

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.

The CFPB, the brainchild of Democratic Sen. Elizabeth Warren of Massachusetts, has long been opposed by Republicans and their financial backers. The bureau says it has returned $19 billion to consumers since its creation.

Outside the Supreme Court following the decision, Warren said, “The Supreme Court followed the law, and the CFPB is here to stay.”
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#2
Don't worry, when they gut the Chevron ruling in deciding Loper Bright Enterprises v. Raimondo so that federal agencies become effectively kneecapped to enforce anything that isn't explicitly in the text of the law as written by congress, well, the funding will become superfluous.

It'll be a great example for GQP-non-adject folks to point and holler "hey big gub'mint don't work!" and to blame Biden for it happening on his watch.

It's the low information folks who can't seem to connect cause, effect, and assign responsibility that are going to make the entire world suffer for them to celebrate their freedumb.
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