In Consumer Financial Protection Bureau (CFPB) v. Community Financial Services Association of America, Limited, will the Supreme Court rule that the funding mechanism for the CFPB is unconstitutional?

Started Sep 08, 2023 05:00PM UTC
Closed May 16, 2024 02:10PM UTC

The CFPB has a unique funding mechanism among US regulatory agencies in that it requires no congressional appropriation of funds and its director determines the bureau's budget (Congressional Research Service). The Fifth Circuit ruled that the mechanism violated the Appropriations Clause of the constitution and separation of powers, which the CFPB appealed to the Supreme Court (Fifth Circuit Court of Appeals, SCOTUSblog, Holland & Knight). The Supreme Court is expected to hand down its decision in its 2023 term, but if it does not, the question will close as "No." If the Court decides this case without addressing this question's particular issue of law, the question will close as "No."

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The question closed "No" with a closing date of 16 May 2024.

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Possible Answer Correct? Final Crowd Forecast
Yes 40%
No 60%

Crowd Forecast Profile

Participation Level
Number of Forecasters 32
Average for questions older than 6 months: 203
Number of Forecasts 150
Average for questions older than 6 months: 579
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