Consumer Financial Protection Bureau v. Community Financial Services Ass'n of America, Ltd.
2024 United States Supreme Court case / From Wikipedia, the free encyclopedia
Consumer Financial Protection Bureau v. Community Financial Services Ass'n of America, Ltd. (Docket 22–448) was a United States Supreme Court case where the Court ruled that the funding mechanism of the the Consumer Financial Protection Bureau (CFPB), which is allocated from the Federal Treasury budget rather that through Congressional appropriations, is constitutional under the Appropriations Clause.
Quick Facts Consumer Financial Protection Bureau v. Community Financial Services Ass'n of America, Ltd., Argued October 3, 2023 Decided May 16, 2024 ...
Consumer Financial Protection Bureau v. Community Financial Services Ass'n of America, Ltd. | |
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Argued October 3, 2023 Decided May 16, 2024 | |
Full case name | Consumer Financial Protection Bureau v. Community Financial Services Association of America, Limited, et al. |
Docket no. | 22-448 |
Argument | Oral argument |
Questions presented | |
Whether the court of appeals erred in holding that the statute providing funding to the Consumer Financial Protection Bureau (CFPB), 12 U.S.C. 5497, violates the Appropriations Clause, U.S. Const. Art. I, § 9, Cl. 7, and in vacating a regulation promulgated at a time when the CFPB was receiving such funding. | |
Holding | |
The funding scheme of the Consumer Financial Protection Bureau is constitutional and in accordance with historic funding mechanisms. | |
Court membership | |
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Case opinions | |
Majority | Thomas, joined by Roberts, Sotomayor, Kagan, Kavanaugh, Barrett, Jackson |
Concurrence | Kagan, joined by Sotomayor, Kavanaugh, Barrett |
Concurrence | Jackson |
Dissent | Alito, joined by Gorsuch |
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