Supreme Court appears hesitant to upend Consumer Financial Protection Bureau ...Middle East

The Supreme Court justices at oral arguments Tuesday appeared hesitant to upend the Consumer Financial Protection Bureau (CFPB) by finding the agency’s funding mechanism unconstitutional. The case marks one of the biggest legal threats to the CFPB since its inception just over a decade ago, but the high court’s liberals and several conservatives voiced skepticism over two lender trade associations’ arguments that the funding setup violates Congress’s power of the purse. “I think we’re all struggling to figure out then what’s the standard you would use,” conservative Justice Amy Coney Barrett probed the attorney representing the trade associations. The agency, envisioned by Sen. E

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