Explained: Clarence Thomas’ split with conservatives to save 'Elizabeth Warren's baby'
Fox News
Legal experts explain why Justice Clarence Thomas split from his conservative colleagues to save the controversial CFPB in latest Supreme Court decision.
Brianna Herlihy is a politics writer for Fox News Digital.
The financial watchdog agency bypasses typical congressional appropriations and simply requires the CFPB director to make requests of the Treasury Department for funds as needed. The banking industry parties challenging the CFPB say that is unconstitutional, citing the appropriations clause.
But the high court's majority disagreed. "In this case, we must decide the narrow question whether this funding mechanism complies with the Appropriations Clause. We hold that it does," the opinion states.
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