Opening Arguments cover image

Opening Arguments

Liz Warren's CFPB Saved By... Originalism?

May 17, 2024
56:03
Snipd AI
Clarence Thomas saves CFPB using originalist reasoning, Boeing non-prosecution agreement analysis, Washington State felony for duplicate names in elections, fish farm legal case, and check on Trump's trial in NY.
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Podcast summary created with Snipd AI

Quick takeaways

  • Clarence Thomas rejected a 5th Circuit ruling to save CFPB, showcasing originalist interpretation diversity.
  • CFPB's independence and authority affirmed through Thomas' decision against payday lenders' predatory practices.

Deep dives

Background on the Consumer Financial Protection Bureau

The Consumer Financial Protection Bureau (CFPB) was established in 2010 to regulate financial practices and protect consumers from predatory lenders. The agency was designed to be independent, with a director serving a longer term than the president and funded through interest on security and cartel money.

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