Cases and Controversies

Barrett, Kavanaugh Could Be Key in CFPB Funding Fight

10.06.2023 - By Bloomberg LawPlay

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Whether funding of the Consumer Financial Protection Bureau is unlawful or not could rest with conservative Justices Brett Kavanaugh and Amy Coney Barrett, one court watcher says.

Brennan Center for Justice President and CEO Michael Waldman joins Cases and Controversies to discuss a challenge to the Obama-era agency that was set up in the aftermath of the financial crisis to regulate mortgages, auto loans and credit cards.

He says it’s unclear how the court ultimately will rule following argument Oct. 3 over the agency’s funding structure, but notes that Trump appointees Kavanaugh and Barrett, especially, merit watching.

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