Supreme Court rules Consumer Financial Protection Bureau funding structure is legal

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Supreme Court rules Consumer Financial Protection Bureau funding structure is legal
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The Supreme Court ruled that the funding structure of the Consumer Financial Protection Bureau is legal.

Andrew Kelly | ReutersThursday that the funding structure of the Consumer Financial Protection Bureau is legal.

The ruling protects that CFPB from a potential death sentence, given the risk that a bitterly divided Congress would not authorize annual appropriations for the agency in the manner that is traditional for other agencies.

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