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CFPB Independent Funding Constitutional, Second Circuit Rules

March 23, 2023

…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…


Originally Published in Bloomberg Law