The US Supreme Court on Monday granted certiorari to a case by a group of payday lenders challenging the constitutionality of the funding for the Consumer Financial Protection Bureau.
Interesting how the question of whether it’s cool for the CFPB’s operations to be funded directly by the Treasury (designed to insulate it from political pressures) rather than appropriations by Congress was brought up not by a concerned citizen but the vampiric scumbags whose predatory lending practices the bureau was designed to crack down on and would gain if the CFPB was shut down.
Last year the MAGA Fifth Circuit Court of Appeals ruled in favor of the ghouls, and Vox’s Ian Millhiser writes Los Supremos are probably actually going to reverse it to clean up a shitty ruling by the lower court. “The Court’s decision to consider this case is probably good news for consumers.”