The Supreme Court decision upholding the Consumer Financial Protection Board's funding structure has sparked discussions among legal scholars. The ruling has implications for financial institutions like Credit Acceptance Corp and MoneyLion. Some justices endorsed relying on post-Founding historical practice in the decision.
One issue in the SCt's recent decision upholding the CFPB’s funding structure was whether to rely on post-Founding historical practice. Four justices wrote separately to endorse such reliance. I provide a defense of that approach in my forthcoming book. https://t.co/AhoM7tbW5q
"The CFPB’s Pyrrhic Supreme Court Victory" by Hal Scott via @WSJ https://t.co/nb4XnqiVFJ
Over @YaleJREG, @KexelChabot has a great post on the #SCOTUS decision last week in the CFPB appropriations case: https://t.co/nQEHPard4V