A CFPB Surprise: Several Conservative Justices Sound Sympathetic to Bureau's Arguments

Also, hedge funds are worried about regulators taking away their leverage

Those hoping for the CFPB’s demise likely came away from today’s Supreme Court oral arguments with a lot less hope. Several conservative justices joined their three liberal colleagues in expressing skepticism that the consumer bureau’s funding violates the Constitution. Some justices also raised concerns about the potential impact an adverse ruling coul…