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The Fisher Memorial Program – The Impact of the CFSA Case on the CFPB – Will the Supreme Court Un-Ring a Bell?

James Milano, Rachel Gittleman, Jenny Lee, Christopher Lewis Peterson, and Christopher Johnson Willis

In CFSA et al. v. CFPB, the Fifth Circuit ruled that the CFPB's funding mechanism was unconstitutional as a violation of the Appropriations Clause and the Constitution's structural separation of powers and vacated the Payday Lending Rule. This panel will review how the Supreme Court might decide the case, whether it is possible to distinguish the CFPB’s funding from that of other federal agencies, and what remedies might the Court provide.


The content of this program does not meet requirements for continuing legal education (CLE) accreditation. You will not receive CLE credit for participating.