https://www.npr.org/2023/10/03/ [login to see] /the-supreme-court-seems-skeptical-of-a-challenge-to-consumer-agency
In a major Supreme Court case involving the structure of government, a majority of justices seem inclined to uphold the way the Consumer Financial Protection Bureau and many other agencies are funded.
After the 2008 crash, Congress created the CFPB to protect consumers from what were seen as predatory and deceptive practices by financial institutions.
Since then, the Bureau has established consumer protections for financial transactions ranging from mortgages to credit cards. But payday lenders have, for years, fought regulations that would limit excessive fees charged on small loans of just a few hundred dollars — fees that often end up costing people thousands of dollars.