Judge Orders Continued Funding for CFPB Amid Trump Administration Cuts
TL;DR Summary
A federal court blocked the White House's attempt to defund the Consumer Financial Protection Bureau by arguing that the agency must continue to receive funding from the Federal Reserve, despite the Fed operating at a loss, preventing potential layoffs and shutdown of the bureau.
- Judge blocks White House’s attempt to defund the CFPB, ensuring employees get paid AP News
- Judge Blocks White House's Attempt to Defund the CFPB, Ensuring Employees Get Paid U.S. News & World Report
- Trump’s funding cuts put America’s consumer watchdog on the brink of collapse Reuters
- Judge Rules That Trump Administration Must Continue to Fund CFPB The New York Times
- Judge says Trump administration must continue funding consumer watchdog The Guardian
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