Case Law Index
federal2024
Additional Highlights:Appropriations ClauseCFPBConstitutional Law
Consumer Financial Protection Bureau v. Community Financial Services Association of America
United States Supreme Court
Key Holding
The CFPB's funding mechanism — drawing funds from Federal Reserve earnings rather than annual congressional appropriations — does not violate the Appropriations Clause.
Case Summary
CFPB v. CFSA upheld the CFPB's unique funding structure, rejecting the argument that drawing funds from the Federal Reserve rather than through annual congressional appropriations violated the Constitution's Appropriations Clause.
Primary Source: https://www.supremecourt.gov/opinions/23pdf/22-448_3d9g.pdf