The Supreme Court has rejected a conservative-led attack that could've undermined the Consumer Financial Protection Bureau.
The Supreme Court on Thursday rejected a conservative-led attack that could have undermined the Consumer Financial Protection Bureau.
The justices ruled 7-2 that the way the agency is funded does not violate the Constitution, reversing a lower court. The CFPB was created after the 2008 financial crisis to regulate mortgages, car loans and other consumer finance.
Considering this unexpected win plus a few times when I expected the liberal justices to dissent but they didn't, I'm starting to wonder if there's some deal-making going on behind the scenes.