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United States
appropriations clauseagency fundingseparation of powers
Consumer Financial Protection Bureau v Community Financial Services Association
601 U.S. 416 (2024)
Key Principle
The Appropriations Clause is satisfied by any law that authorizes expenditures from a specified source of public money for designated purposes, and the CFPB's standing draw of funds from the Federal Reserve System (subject to a statutory cap) is therefore constitutional.
Area of Law
constitutional
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