Since its creation roughly 14 years ago, the Consumer Financial Protection Bureau has faced lawsuits and political and legal challenges to the idea of whether the Federal Government's aggressive consumer financial watchdog agency should be allowed exist at all.
Those challenges came to an end this week, when the Supreme Court ended the last major legal challenge to the bureau's authority, ruling 7-2 that the CFPB could in fact draw its budget from the Federal Reserve instead of the annual Congressional appropriations process.
