Consumer Financial Protection Bureau v. Community Financial Services Assn. of America, Ltd. (2024) 144 S.Ct. 1474
The CFPB's funding mechanism is constitutional. Congress acts in accordance with the Appropriations Clause if it enacts a measure that identifies the source from which money may be drawn for a specified purpose. Congress need not set the amount; it can allow the executive or agency draw on the authorized source up to a stated cap. The appropriation also need… Read More