Supreme Court Upholds CFPB Funding Structure

In this episode of his "Clearly Conspicuous" podcast series, "Supreme Court Upholds CFPB Funding Structure," consumer protection attorney Anthony DiResta discusses a U.S. Supreme Court decision affirming the Consumer Financial Protection Bureau's (CFPB) funding mechanism by a 7-2 vote. This episode unpacks the historical and legal significance of the court's decision that overturned a lower court's ruling finding the funding model was unconstitutional. Mr. DiResta examines the majority opinion, penned by Justice Clarence Thomas, which leans on both the text of the Constitution and historical practices. He also explores Justice Samuel Alito's dissenting view, which argues the decision grants the CFPB unchecked financial autonomy.