The Supreme Court Takes On CFPB Funding Case
The Fifth Circuit's controversial decision will be reviewed.
Ed. Note: Welcome to our daily feature Trivia Question of the Day!
The Supreme Court announced it would review the Fifth Circuit case finding the Consumer Financial Protection Bureau was unconstitutionally funded. What law created the CFPB and established its funding structure (it draws directly from the Federal Reserve System, up to a certain cap)?
Hint: The agency was established in 2010, in response to the 2008 financial crisis.
See the answer on the next page.
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