Supreme Court Slaps Down Challenge That Could Have Gutted Financial Regulatory Agency

CEI’s Iain Murray was cited in Daily Caller on the recent Supreme Court CFPB ruling:

Iain Murray, the director of the Competitive Enterprise Institute’s  Center For Economic Freedom, expressed similar sentiments about the ruling.

“Sadly, the Court has given the green light to Congress to abrogate its own power of the purse. We can expect future Congresses to come up with ever more inventive ways to allow the executive branch to fund its whims,” Murray said. “The only hope for responsible government is for Congress to rediscover its own prerogatives and repeal unusual funding mechanisms for executive agencies that exercise more power over American citizens than the Post Office — starting with the CFPB.”

Read the full article on Daily Caller.