CFPB Challenge Latest in Separation of Powers Remake

CFPB Challenge Latest in Separation of Powers Remake

Author: Bloomberg Law March 2, 2023 Duration: 21:25
The Consumer Financial Protection Bureau faces a challenge to its existence in a case the US Supreme Court will take up next term. The US Court of Appeals for the Fifth Circuit ruled the agency’s funding mechanism violates separation of powers principles because it’s paid for by the Federal Reserve, not through legislative appropriations. The Biden administration warns the ruling calls into question “every action” the CFPB has taken since its creation by Congress in the aftermath of the 2008 financial crisis, and could “inflict immense” legal and practical harm on consumers. Adam White of the American Enterprise Institute joins Cases and Controversies to explain the case and discuss the court’s recent attempts to bolster presidential power over administrative agencies. Do you have feedback on this episode of Cases & Controversies? Give us a call and leave a voicemail at 703-341-3690.

Every Monday, the legal world turns its attention to the nation's highest bench, and Cases and Controversies is there to provide essential context. This Bloomberg Law podcast goes beyond the headlines to examine the real-world implications of the Supreme Court's docket. Rather than dry legal summaries, you'll hear nuanced discussions that unpack the complex narratives and strategic thinking behind pivotal cases. Each episode either sets the stage for upcoming oral arguments or delves into a consequential ruling with the people who know it best. The conversations feature a range of voices, including seasoned Supreme Court advocates, federal judges, astute law professors, practicing attorneys, and sharp legal journalists. Together, they explore the tensions and philosophies shaping American jurisprudence. Tuning into this podcast offers a front-row seat to the debates that define our rights, our institutions, and our society. It’s for anyone who wants to understand not just what the Court decides, but how and why those decisions are made, presented with the clarity and authority you expect from Bloomberg Law.
Author: Language: English Episodes: 100

Cases and Controversies
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