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CFPB files brief for SCOTUS funding case
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Case Law, Dodd-Frank Basics, Nonbank Financial
Friday, May 12, 2023
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The Consumer Financial Protection Bureau filed its brief with the U.S. Supreme Court for its case against Community Financial Services Association of America which questioned whether the bureau’s funding structure – which sees its annual budget provided by the Federal Reserve instead of Congress – is a violation of the appropriations clause.
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