Consumer Financial Protection Bureau headquarters in Washington, D.C. Photo: Diego M. Radzinschi/ALM Ruling Invalidating CFPB's Funding Could Derail Agency Amid Unprecedented Ramp-Up
The decision "affects everything that has occurred to date and what happens going forward," said Joann Needleman, a former member of the bureau's Consumer Advisory Board.
October 21, 2022 at 02:33 PM
3 minute read
Just as the Consumer Financial Protection Bureau was becoming so aggressive that some business interests were beginning to complain, a federal appeals court ruling has thrown its ability to exercise its watchdog powers into question.
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