No. 22-448October Term 2023Decided May 16, 2024
Consumer Financial Protection Bureau v. Community Financial Services Assn. of America, Ltd.
The Supreme Court considered whether the funding structure of the Consumer Financial Protection Bureau (CFPB), which draws its budget from the Federal Reserve rather than annual congressional appropriations, is constitutional.
Case status
- Current stage
- Decided
- Latest event
- Decision released May 16, 2024
- What it's about
The Supreme Court considered whether the funding structure of the Consumer Financial Protection Bureau (CFPB), which draws its budget from the Federal Reserve rather than annual congressional appropriations, is constitutional. The Court ultimately upheld the funding mechanism, ruling that it satisfies the requirements of the Appropriations Clause.
Question presented
Does the funding scheme for the Consumer Financial Protection Bureau, which receives funding directly from the Federal Reserve, violate the Appropriations Clause of the Constitution?
- Case path
United States Court of Appeals for the Fifth Circuit / Decision released May 16, 2024
- Area
Decided Supreme Court case
Documents
Related cases
Grounding
- Grounding
- Primary-source trail available.
- Note
- Plain-English explainer. Official filings and opinions remain authoritative.
- Checked
- Mar 30, 2026
- Method
- Methodology