Supreme Court Case About Financial Regulator Sparks Industry Anxiety | ZeroHedge
Authored by Matthew Vadum via The Epoch Times,
Some in the financial services industry are nervous about how the Supreme Court will rule in a payday lending industry challenge to the constitutionality of the Consumer Financial Protection Bureau (CFPB) that is being heard this week.
A ruling against the powerful regulator in CFPB v. Community Financial Services Association of America (CSFA) (court file 22-448), which will be heard Oct. 3, could cause vast economic upheaval, (more…)