CFPB Faces Fresh Fights After Supreme Court Lifts Funding Cloud

The Consumer Financial Protection Bureau is clear to ramp up enforcement and defend several major regulations in litigation after the US Supreme Court decision that its spending structure is constitutional.

The ruling allows the agency to focus on enforcement, where it has been publicly quiet in recent months, without fear of a court decision demolishing it. Targeted companies can still challenge agency actions in court, though.

Bruising battles over controversial rules such as its cap on credit card late fees, small business lending demographic data collection, and forthcoming restrictions on overdraft fee programs also await the agency in the final ...