Brown, Waters Lead 144 Current and Former Members on Amicus Brief Supporting CFPB

Press Release

Date: May 15, 2023
Location: Washington, D.C.

"As the United States explains, accepting the Fifth Circuit's decision would place at risk a funding model that has been used since the early Republic, which now applies to the OCC and a host of other crucial federal programs."

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"Armed with its assessment of what went wrong in the financial crisis, Congress determined that to be effective, the CFPB needed independence from unpredictable annual funding cycles."


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