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United States - Arbitration & Dispute Resolution - SCOTUS Update: The CFPB Lives On And Arbitrable Lawsuits Must Be Stayed (Not Dismissed)

The Supreme Court was busy last week issuing opinions of interest to consumer finance companies, CFPB-regulated entities, and anyone who finds themselves enforcing arbitration rights in court.
United States Justice Gorsuch Justice Alito Justice Thomas Supreme Court Community Financial Services Association Of America Ltd
Source: mondaq.com

United States - Financial Services - Supreme Court Upholds The Consumer Financial Protection Bureau's Funding Mechanism As Constitutional

On May 16, 2024, the U.S. Supreme Court held 7-2 in Consumer Financial Protection Bureau et al. v. Community Financial Serves Association of America, LTD., et al. that the Consumer Financial Protection Bureau's (CFPB).
United States Consumer Financial Protection Bureau Community Financial While Congress Community Financial Services Association Financial Protection Bureau
Source: mondaq.com

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