January 16, 2026
The Consumer Financial Protection Bureau has received the $145 million in new funding it recently requested from the Federal Reserve after a Washington, D.C., federal judge ruled the Trump administration could not let the consumer agency run out of cash.
January 09, 2026
The Consumer Financial Protection Bureau said Friday that its acting Director Russell Vought has moved to replenish its funding from the Federal Reserve, yielding after a weekslong standoff that left the consumer agency facing potential closure with dwindling cash.
January 02, 2026
From a U.S. Supreme Court fight over the Federal Reserve to clashes over state regulatory power, in-house enforcement and the fate of the Consumer Financial Protection Bureau, a slate of high-stakes lawsuits could shake up the banking landscape in the coming year.
December 17, 2025
The U.S. Department of Justice on Tuesday asked the Federal Reserve to confirm whether it has returned to profitability, a potential opening for the Trump administration to draw new funding for the Consumer Financial Protection Bureau after insisting none is available.
December 17, 2025
Additional D.C. Circuit judges will get to weigh in on the Trump administration's bid to dismantle the Consumer Financial Protection Bureau through mass layoffs, after the appeals court granted the agency's employees' union an en banc rehearing on a lower court's injunction stopping the firings.
December 09, 2025
The Trump administration said Monday that the Consumer Financial Protection Bureau is not obligated to take funding from the Federal Reserve, and a D.C. federal judge can't order it to do so, pushing back against a request from the labor union challenging the agency's dismantling.
December 05, 2025
A group of former Federal Reserve officials told a Washington, D.C., federal judge on Friday that the Trump administration is wrong to claim the central bank both needs and lacks profits right now to keep the Consumer Financial Protection Bureau up and running.
November 24, 2025
The federal labor union suing over the dismantling of the Consumer Financial Protection Bureau has asked a Washington, D.C., federal judge to rule that the Trump administration may not shut down the agency simply by refusing to replenish its Federal Reserve funding.
November 12, 2025
The Consumer Financial Protection Bureau is rolling out plans to narrow how it defines and watches out for lending discrimination, even as the Trump administration casts fresh doubt on any plans to fund the agency once its reserves dry up.
July 31, 2025
A legal watchdog group Thursday lodged bar complaints against a trio of U.S. Department of Justice lawyers, accusing them of making misleading and false statements in court filings while defending the Trump administration in litigation over its attempt to dismantle the Consumer Financial Protection Bureau.