The Supreme Court Shifted Power from Administrative Agencies to the Courts, but Don’t Expect Major Changes at the CFPB

Law360
12 minute read | July.16.2024

A recent Supreme Court decision shifted power from regulatory agencies to the courts when it comes to interpreting ambiguous language in statues.

That has led some to envision major changes at the Consumer Financial Protection Bureau, but those views should be greeted with skepticism, writes Orrick’s John Coleman.

In a new article in Law360, he outlines three reasons why the Supreme Court’s ruling in Loper Bright Enterprises v. Raimondo will have a limited effect on the CFPB – and why that’s a good thing.