States sue to block Trump administration's efforts to defund or shut down the CFPB

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Source: AP News
States sue to block Trump administration's efforts to defund or shut down the CFPB
Photo: AP News
TL;DR Summary

A coalition of 21 Democratic-led states sued the White House and CFPB over funding issues, arguing that withholding funds based on the Fed's profits is unconstitutional, which could impair the bureau's ability to fulfill its consumer protection duties.

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