The Consumer Financial Protection has been PROTECTED by the conservative Supreme Court. Ana Kasparian discusses on The Young Turks. Your Support is Crucial to the Show: https://tyt.com/team
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Read more HERE: https://www.washingtonpost.com/politics/2024/05/16/supreme-court-cfpb-funding/
"The Supreme Court on Thursday rejected a broad challenge to the Consumer Financial Protection Bureau, reversing a lower-court ruling that would have undermined the watchdog agency Congress created in the wake of the financial crisis to protect borrowers from predatory lenders, junk fees and other abuses.
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In a 7-2 decision written by Justice Clarence Thomas, the court said the CFPB’s funding mechanism is constitutional. The agency draws its budget through profits of the Federal Reserve, not an annual appropriation by Congress."
***
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Get the Progressive battle plan: https://go.tyt.com/book-description
Watch TYT LIVE on weekdays 6-8 pm ET. http://youtube.com/theyoungturks/live
Read more HERE: https://www.washingtonpost.com/politics/2024/05/16/supreme-court-cfpb-funding/
"The Supreme Court on Thursday rejected a broad challenge to the Consumer Financial Protection Bureau, reversing a lower-court ruling that would have undermined the watchdog agency Congress created in the wake of the financial crisis to protect borrowers from predatory lenders, junk fees and other abuses.
Cut through the 2024 election noise. Get The Campaign Moment newsletter.
In a 7-2 decision written by Justice Clarence Thomas, the court said the CFPB’s funding mechanism is constitutional. The agency draws its budget through profits of the Federal Reserve, not an annual appropriation by Congress."
***
The largest online progressive news show in the world. Hosted by Cenk Uygur and Ana Kasparian. LIVE weekdays 6-8 pm ET.
Help support our mission and get perks. Membership protects TYT's independence from corporate ownership and allows us to provide free live shows that speak truth to power for people around the world. See Perks: ▶ https://www.youtube.com/TheYoungTurks/join
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