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Supreme Court Makes SHOCKINGLY Good Decision, Protecting The CFPB

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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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240516__TB01SCOTUS
Category
Europe
Tags
240516__TB01SCOTUS, News, Politics
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