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Entities regulated by the Consumer Financial Protection Bureau ("CFPB"), including banks, credit unions, payday lenders, mortgage servicers, debt collectors, and other financial services providers.
On March 23, 2023, the U.S. Court of Appeals for the Second Circuit held that the Consumer Financial Protection Bureau’s (the “CFPB”) funding structure is constitutional. The Second.
Entities regulated by Consumer Financial Protection Bureau CFPB like banks, credit unions, payday lenders, mortgage servicers, debt collectors, should take note Second Circuit held that CFPB funding structure does not violate Appropriations Clause of the Constitution.