U.S. Supreme Court delivers rare big win to American consumers ...Middle East

The U.S. Supreme Court rejected a plea by high-cost payday lenders on Thursday to invalidate the funding model of the federal Consumer Financial Protection Bureau (Photo by Al Drago/Getty Images)After many years of controversy and legal battles, the U.S. Supreme Court today upheld the funding model that Congress and the Obama-Biden administration used in 2010 to establish the federal Consumer Financial Protection Bureau. Elected leaders and consumer advocates hailed the ruling as a rare but important win at the conservative-dominated high court. Since its inception, the CFPB has met stubborn resistance from the chief targets of its regulatory activities — high-cost consumer lenders — who hav

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