InvestorsHub Logo
icon url

familymang

02/27/23 5:59 PM

#749713 RE: Robert from yahoo bd #749711

There were 2 petitions related to this case, one posted by defendants (government) and one posted by plaintiffs. Again, SCOTUS only granted defendants petition and plaintiffs petition was denied. So the only issue(s) SCOTUS will review is if CFPB violates the appropriations clause, and if yes, what is the appropriate remedy.

This is the CFPB petition that was granted (titled "22-448 CFPB, ET AL. V. COM. FIN. SERVICES ASSN., ET AL."):

"QUESTION PRESENTED
Whether the court of appeals erred in holding that the statute providing funding to the Consumer Financial Protection Bureau (CFPB), 12 U.S.C. 5497, violates the Appropriations Clause, U.S. Const. Art. I, § 9, Cl. 7, and in vacating a regulation promulgated at a time when the CFPB was receiving such funding."



If you scroll down the order list, under "CERTIORARI DENIED" you will find plaintiffs petition, which was denied. "22-663 COM. FIN. SERVICES ASSN., ET AL. V. CFPB, ET AL."