This decision by the Fifth Circuit is, to quote our current president, a “big f***ing deal.” And that’s not just because it vindicates Republican opposition to the structure of the Consumer Financial Protection Board, although it certainly does that. And it’s not just because it dismantles — for now — a bad policy that the CFPB was pushing at the moment, although it does do that, too.
Fifth Circuit torpedoes CFPB’s self-financing — and takes aim at Biden’s Academia bailout
