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Supreme Court May Use 'Bulldozer' to Further Limit Consumer Watchdog's Power

  • The Supreme Court previously ruled against the CFPB's leadership structure but allowed the agency to continue operating. Now the court may use a "bulldozer" to limit the CFPB's power.

  • The court has recently moved to limit regulatory power on issues like carbon emissions, COVID rules, and student loan forgiveness. More anti-regulatory cases are coming.

  • This case challenges the CFPB's funding method, which could undo over a decade of the agency's actions if found unconstitutional.

  • The conservative justices believe regulatory agencies undermine democracy; liberals say expertise is needed to address modern problems.

  • Justice Thomas has faced scrutiny for participating in cases tied to Koch-affiliated groups trying to limit agency power, though he has declined to comment.

cnn.com
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