In a 2020 ruling, the five Republican appointees on the Supreme Court struck down a provision protecting the head of the Consumer Financial Protection Bureau from being fired without cause.
The court's actions have been criticized for hindering common-sense rules that ensure safety, protect health and environment, and support consumers and workers, although it did not fully comply with libertarian wishes.
The court's decision not to challenge the Consumer Financial Protection Bureau's funding methodology prevented potential lawsuits to nullify regulations and enforcement actions taken by the bureau in its 13-year history.
While the reversal of Chevron stands as a significant victory for conservative legal movements aiming to limit the administrative state, there might be further challenges regarding the delegation of legislative authority to executive agencies.
#supreme-court-ruling #consumer-financial-protection-bureau #regulation-challenges #administrative-state #judicial-impact-on-regulations
[
Collection
]
[
|
...
]