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The Supreme Court has rejected their radical theory that would have devastated the American financial markets.” How did the CFPB funding challenge unfold? On Oct. 3, the court heard oral ...
For the CFPB, the stakes were on display this month, as the Supreme Court considered a lawsuit that could determine the future of the agency. The case reached the justices after the payday loan ...
WASHINGTON, Oct 3 (Reuters) - U.S. Supreme Court justices on Tuesday appeared skeptical of the payday lending industry's challenge to the Consumer Financial Protection Bureau's funding structure ...
The court rejected the argument that circulators should be required to read the object statement on the petition verbatim, indicating such a narrow interpretation of the state statute "could unduly ...
Challenging the bureau is a payday lending group called ... Although the Supreme Court is hearing oral arguments on October 3, a decision will take months. The Supreme Court is scheduled to ...
Following a Supreme Court ruling in May, the federal government is expected to get tougher on regulating payday lenders and other firms that offer high-interest, short-term loans. This type of ...
On March 7, a cert petition was filed at the U.S. Supreme Court challenging a decision by the U.S. Court of Appeals for the Fifth Circuit on the CFPB’s payday lending rule. The petitioner ...