Consumer Financial Protection Bureau v. Community Financial Services Association
On May 16, 2024, the Supreme Court held that Congress need not appropriate money for independent agencies on an annual basis. This was a setback for WLF, which filed an amicus brief supporting CFSA’s argument that the CFPB’s funding mechanism violates the Appropriations Clause. As WLF’s brief explained, no past agency had a funding mechanism comparable to the CFPB’s funding mechanism. WLF’s brief also explained why the courts are the appropriate venue to resolve these separation-of-powers disputes.
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