January 17, 2023
A pair of payday lender trade groups have urged the U.S. Supreme Court to turn down a rushed effort from the Consumer Financial Protection Bureau to appeal a landmark Fifth Circuit decision that held the agency is unconstitutionally funded.
January 02, 2023
As the new year dawns, the Consumer Financial Protection Bureau is under the gun with an existential constitutional challenge potentially in store for the U.S. Supreme Court. But that's not all financial services attorneys will be watching in the courts in the months ahead.
January 02, 2023
The Federal Trade Commission's ambitious consumer protection rulemaking and enforcement efforts will continue to command the spotlight in 2023 along with the Consumer Financial Protection Bureau's challenge to a ruling that threatens to dismantle the agency's work and a looming U.S. Supreme Court decision that could spell the end of a long-standing Big Tech liability shield.
December 16, 2022
Nearly 40 attorneys general from both sides of the aisle have urged the U.S. Supreme Court to rule on the constitutionality of the Consumer Financial Protection Bureau's funding structure, arguing justices must intervene to head off "chaos" induced by a recent Fifth Circuit ruling.
November 15, 2022
The Biden administration is launching its counterattack against a stunning Fifth Circuit decision that held the Consumer Financial Protection Bureau is unconstitutionally funded, petitioning the U.S. Supreme Court to review the agency's budgetary independence as soon as possible.