U.S. Supreme Court. (Source: Shutterstock)
If you think that regulatory agencies have too much power in interpreting laws, then you will be happy about what I am about to tell you. On Monday, the Supreme Court decided to hear a case next year that could dramatically limit an agency's flexibility to interpret statutes. Between this and the Court's decision to examine the constitutionality of the CFPB's funding mechanism, next year is shaping up as one of the most important for credit unions to follow the Supreme Court in years.
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