Financial Institutions I MAY 20, 2024

CFPB Averts Disaster at Supreme Court, But Challenges Remain

Dennis Merkley recently spoke with ALM about the U.S. Supreme Court ruling that has protected the Consumer Financial Protection Bureau, rejecting a challenge from the payday loan industry to the independent funding structure of the banking and consumer finance regulator. 

Dennis discusses the clarity that comes with the Supreme Court's ruling and offers predictions as to how the CFPB will operate moving forward. 

Read the full article here: