Although the agency reports regularly to Congress and is routinely audited, the Fifth Circuit ruled that is not enough. The CFPB's money has to be appropriated annually by Congress or the agency, and everything it does is unconstitutional, the lower courts said.
"This marks the first time in our nation's history that any court has held that Congress violated the Appropriations Clause by enacting a law authorizing spending," wrote the Biden administration's Solicitor General Elizabeth Prelogar.Conservatives who have long opposed the modern administrative state have previously challenged laws that declared heads of agencies can only be fired for cause.
The CFPB was the brainchild of then White House aide, and now U.S. Senator Elizabeth Warren. She issued a statement Monday noting that lower courts have previously and repeatedly upheld the constitutionality of the CFPB.
Source: Law Daily Report (lawdailyreport.net)
Author Sutton explained in his book Wall Street and FDR that Federal Reserve is an private banking monopoly
End the Fed!
Term limits should be on the forefront of our next election
The article is incomplete and misleading. Read the WSJ article on the topic for more details and a deeper understanding of the question before the court which NPR missed.
HowMuchSawdustCanYouPutInRiceKrispiesBeforePeopleNotice.jpg
I don't know the actual law governing the CFPB but consumers have been raked over the coals by the unregulated stock market and advertising. Republicans deregulated and allows beyond truth advertising. Like the election deniers.
SCOTUS is a fringe extremist group at this point.
Good.
SCOTUSblog Four easy reasons to abolish the federalreserve along with its cronies and then abolish yourselves, 9 non-elected people should NOT decide laws for 300M USA citizens! USTreasury SecYellen GaryGensler SECGov CFTC RepMaxineWaters WhiteHouse
The only agency that actually helped protect the people from financially shady dealings. Not surprised it is at risk of being thrown out for corporate interests. I am sure supreme court would throw out the fda, epa, ntsb so trains can just derail all the dllive long day.
We need to end the Fed!
Gonna go back to the days of sawdust in beef and dirt mixed in the coffee grounds.
Bring it down.
Their goal is to destroy the regulatory state. Look at Ohio for what happens when that happens. Because Republicans value power and $$$ before human beings.
The Federal Reserve is actually part of the problem, as in never ending cycle of debt. IMO anyway. The CFPB needs to be protected for the consumers.
Lol...
One can hope.
You are lying about the reasoning
The federal reserve should have been abolished long time ago
CFPB doesn't have any teeth anyway...just pretty dentures
I’m looking forward to the court tossing out the National Firearms Act. They’ve clearly been building to it. And I won’t cry if they close several federal government departments lol
Look at all the crazies who say how great 'federal agencies' are that are accountable to no one and limitless in power. This article was a great spin on how authoritarianism = freedom and limits = tyranny. The supreme court is 'extreme' in how it limits 'government' power 🙄
Sounds like a chance for the SC to royaly screw something else up. My suggestion is cut their budget by 25% a yr until they get in line.
Don't seem like that agency did to much. Hahahah
Dismantle the United States. The whole goal of trumplicants
Wish they’d take up a case showing the IRS has no authority
Now that the NeoCons pwn SCOTUS, I hope that they continue to take down all the government agencies and regulations. At some point, the Democrats are either going to wake up and actually DO something about it, or fade into complete obscurity.
Dems and their federal agencies…
Glad to see. We need to shut these agencies down. They’re useless and accomplish nothing.
Set Fed Funds rate to the 2 yr treasury…. And turn off the lights.
For everyone blaming Trump. Biden entered politics same year we went off gold standard. In 50yrs he over saw $250,000 of debt per taxpayer. You each owe that much!
Let's guess how the Vatican Six will vote
Consumers are better off having no reason to assume the fed gov is protecting them (because it’s not).
Good. We need to get rid of several of these worthless three letter agencies & reduce the skyrocketing national debt.
The federal reserve system of banking that has pretty much devalued our dollar by 95%. And the problem with this is?
This movement has been building a loooong time. Get ready for their BS. The Anarchists
AM_McCarthy JFC. SenateDems HouseDemocrats potus VP SenWarren katieporteroc StopThem!
CFPB is probably the best federal agency in existence. They literally help the disenfranchised.
Why don't the Republicans send those reactionaries a case to declare Social Security unconstitutional? Maybe after SCOTUS does that, enough people will revolt to bring about court reform. Term Limits ExpandTheCourt EthicsForSCOTUS
This needs to happen!
Trump: the gift that keeps on giving
IanDon Given that a huge portion of the Supreme Court's job is to preserve the separation of powers, and the CFPB is basically unaccountable to anyone anywhere except itself, it's long overdue. And it's not as if it's gone unnoticed, either.
Oops
Too much power in US Supreme Court and too little integrity in GOP presidents and members of Senate who appoint and approve. Need Constitutional amendment method to limit terms and make removal easier.
Why? There is no reason to hear this case. What a fking joke this court has become
Don’t get our hopes up.
We not surprised
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