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CFPB Notches Appeals Win Ahead of Supreme Court Trip

The Consumer Financial Protection Board has racked up a legal triumph as the Supreme Court prepares to weigh in on its potential fate. So reports PYMNTS.

CFPB 150x150The consumer finance regulator’s independent funding model through the Federal Reserve does not violate the constitutional separation of powers, the 2nd Circuit Court of Appeals unanimously ruled.

The Supreme Court is set to consider the matter of the CFPB’s financing structure next term, which begins in October.

Read the full article from PYMNTS.

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