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Consumer agency’s funding system gets Supreme Court test at Biden’s behest

The Supreme Court will consider the case in the nine-month term that starts in October

Bloomberg News

The US Supreme Court will consider whether the Consumer Financial Protection Bureau’s funding system is constitutional, taking up a case President Joe Biden’s administration says is casting doubt on every action taken by the agency over 12 years. The showdown centers on a never-enforced payday-lending rule that the 5th US Circuit Court of Appeals threw […]

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