On November 12, the U.S. Court of Appeals for the Fifth Circuit denied a petition for rehearing en banc in CFSA v. CFPB. As previously covered by InfoBytes, the U.S. Supreme Court previously overturned the Fifth Circuit’s ruling in the case, finding that the Bureau’s funding mechanism “satisfies the Appropriations Clause.” The denial for rehearing en banc means that unless the plaintiffs choose to appeal their case to the Supreme Court again and the case is accepted, the CFPB’s Payday Lending Rule will take effect beginning in March 2025.