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CFPB Independent Funding Constitutional, Second Circuit Rules

…The CFPB’s document demands caused Moroney to shutter her law firm and “illustrates how a federal agency without funding constraints can quickly get out of control,” Moroney’s attorney Richard Samp said in an email.

“The Supreme Court has agreed to review the Fifth Circuit’s decision; we plan to bring our case to the Supreme Court as well,” Samp, senior legal counsel at the New Civil Liberties Alliance, said…

…The CFPB’s document demands caused Moroney to shutter her law firm and “illustrates how a federal agency without funding constraints can quickly get out of control,” Moroney’s attorney Richard Samp said in an email.

“The Supreme Court has agreed to review the Fifth Circuit’s decision; we plan to bring our case to the Supreme Court as well,” Samp, senior legal counsel at the New Civil Liberties Alliance, said…

March 23, 2023


Originally Published in Bloomberg Law