The CFPB's Unconstitutional Funding Scheme
04 November 2022
Timothy Lee, Senior Vice President of Legal and Public Affairs at the Center for Individual Freedom, discusses the U.S. Court of Appeals for the Fifth Circuit's recent decision ruling the Consumer Financial Protection Bureau's (CFPB) funding scheme to be unconstitutional, why the payday lending rule violates the Constitution's separation of powers, and how Congress created the agency that has too much unaccountable power.
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