Friday, May 17, 2024

Gorsuch, Alito break from conservatives on CFPB ruling | The Hill

The justices' decision caps a battle that marked the biggest legal threat to the CFPB since its establishment in the wake of the 2008 financial crisis to crack down on predatory lending and enforce consumer protection laws. 

The challenge to its funding mechanism was brought by two lender trade associations and was backed by all the nation's Republican state attorneys general…

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