Warren Statement on Supreme Court Arguments on the Consumer Financial Protection Bureau's Funding

Press Release

"The future of Social Security, Medicare, and every federal banking regulator is under grave threat if payday lenders and Wall Street banks get the Supreme Court to undermine the CFPB. Since 1863, national bank regulators like the CFPB have been independently funded to prevent an army of special interest lawyers and lobbyists from wrecking the economy. The CFPB is under attack because it's an effective watchdog, returning over $17 billion back into the pockets of hard working Americans who were cheated, and the Court should uphold more than a century of law and affirm the CFPB's funding as constitutional."

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