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CFPB files response to CFSA opposition brief
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Case Law, Nonbank Financial
Friday, February 3, 2023
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The Consumer Financial Protection Bureau (CFPB) filed its response to Consumer Financial Services Association of America’s (CFSA) oppositional brief to the petition requesting review of the Fifth Circuit’s decision finding CFPB’s funding structure was an unconstitutional violation of the appropriations clause.
The CFPB refuted CFSA’s argument that the court should not consider the appropriations clause issue.
Read on for more details.
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