YOU LOVE TO SEE IT: The Consumer Watchdog Catches A Break
Good things are happening! The Supreme Court decides the country’s top consumer watchdog gets to keep its funding. What’s more, a crucial pandemic benefit continues to help workers, Medicaid has a newfound role in preventing climate change deaths, a criminal justice reform effort proves critics wrong, and another state aims to make fossil fuel companies pay for climate destruction.
Supreme Court Rules For Consumers
The country’s major consumer protection agency just survived an existential legal challenge, protecting nearly every policy it has ever implemented and allowing it to keep defending Americans from predatory financial practices.
On April 16, the Supreme Court decided the Consumer Financial Protection Bureau (CFPB), which regulates financial products and services to ensure fairness and transparency, has been legally obtaining funding from the country’s central bank after a group of payday lenders argued that a 2017 regulation targeting them relied on unconstitutional funding.