Consumer Financial Protection Bureau

CFPB Interested Parties Memo

CFA and the Constitutional Accountability Center released an Interested Parties Memo detailing the widespread opposition for the Fifth Circuit’s Decision in CFSA vs. CFPB. In it they found that military and veterans service organizations, rural and agricultural groups, the AARP, industry members, academic scholars, state attorneys general, congressional leaders, faith groups, housing groups, legal services organizations, consumer protection groups, and civil rights groups all agree that the Fifth Circuit decision holding that the funding mechanism of the Consumer Financial Protection Bureau (CFPB) is unconstitutional should not stand.