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McHenry, Barr, Huizenga, Scott Lead Bicameral Amicus Brief Challenging CFPB’s Funding Structure [1]

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Date: 2023-11

Chairman Patrick McHenry (R-N.C.-10) of the House Financial Services Committee; Representative Andy Barr (R-Ky.-06), the Chairman of the Subcommittee on Financial Institutions and Monetary Policy; Representative Bill Huizenga (R-Mich.-04), the Chairman of the Subcommittee on Oversight and Investigations; and Ranking Member

Tim Scott (R-S.C.) of the Senate Committee on Banking, Housing, and Urban Affairs led a bicameral group of 132 members of Congress in filing an

to the Supreme Court in

Consumer Financial Protection Bureau, et al., v. Community Financial Services Association of America, Limited, et al.

The brief urges the Court to uphold the Fifth Circuit’s decision that the Consumer Financial Protection Bureau’s (CFPB) funding structure is unconstitutional and to make the Bureau’s funding subject to congressional appropriations.

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[1] Url: https://financialservices.house.gov/news/documentsingle.aspx?DocumentID=408900

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