Supreme Court to resolve fate of Consumer Financial Protection Bureau | CNN Politics

Canada News News

Supreme Court to resolve fate of Consumer Financial Protection Bureau | CNN Politics
Canada Latest News,Canada Headlines
  • 📰 CNN
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 95%

The Supreme Court announced that it will hear a new case testing constraints on the power of US regulators to delve into American businesses and individual lives.

The justices agreed to a Biden administration request to take up the case involving the Consumer Financial Protection Bureau. However, it will be heard next term, with a decision unlikely until spring of 2024, a timeline the administration opposed. The administration had told the justices that a lower court decision invalidating the way the CFPB is funded threatens its entire mission.

The justices’ opinions have revealed major separation-of-powers concerns, along with a particular disdain for the countless pages of rules the government imposes and a disregard for agency expertise, whether involving health services, workplace safety or consumer affairs. The new case picks up from a battle three years ago when opponents targeted the bureau’s structure and tried to dismantle its authority to safeguard mortgages, car loans, credit cards and other lending practices.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

CNN /  🏆 4. in US

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Supreme Court’s Student-Loan Case Will Test Limits of Presidential PowerSupreme Court’s Student-Loan Case Will Test Limits of Presidential PowerArguments begin Tuesday over the Biden administration’s roughly $400 billion plan to forgive federal student debt for tens of millions of borrowers, giving justices an opportunity to set strict limits over the president’s ability to implement policies without explicit authorization from Congress.
Read more »

Company that lost to mini-casino developer appeals to Pa. Supreme CourtCompany that lost to mini-casino developer appeals to Pa. Supreme CourtThe project is planned for the former Macy's store at Nittany Mall, but there are questions over the winning bidder's qualifications.
Read more »

How the Supreme Court could reshape the internet as you know itHow the Supreme Court could reshape the internet as you know it'Would Google collapse, and the internet be destroyed,' Justice Alito asked a Google attorney on Tuesday, 'if YouTube and therefore Google were potentially liable' for the content its users posted?
Read more »

How the Supreme Court could reshape the internet as you know itHow the Supreme Court could reshape the internet as you know it'Would Google collapse, and the internet be destroyed,' Justice Alito asked a Google attorney on Tuesday, 'if YouTube and therefore Google were potentially liable' for the content its users posted?
Read more »

Supreme Court Justice Thomas Moore Has Personal Experience With Student LoansSupreme Court Justice Thomas Moore Has Personal Experience With Student LoansThe Supreme Court won’t have far to look for a personal take on the “crushing weight” of student debt that underlies the Biden administration’s college loan forgiveness plan.
Read more »



Render Time: 2025-02-28 14:30:34