Biden cheers Supreme Court ruling on consumer agency

President Biden is cheering the Supreme Court’s ruling on the Consumer Financial Protection Bureau. In a 7-2 ruling, the high court said the way the Consumer Financial Protection Bureau is funded does not violate the Constitution. The CFPB is a federal agency that was created after the 2008 financial crisis. President Biden welcomed the ruling, calling it “an unmistakable win for American consumers.” Justice Clarence Thomas wrote the majority opinion, splitting from his fellow conservative allies.