US CFPB must continue to be funded, judge rules
By Neil Roland ( December 31, 2025, 01:12 GMT | Insight) -- A federal judge ruled that the Trump administration must continue to seek funding for the US Consumer Financial Protection Bureau from the Federal Reserve even though the Fed has been operating at a loss. US District Judge Amy Berman Jackson of Washington, DC, rejected the administration’s argument that there are no valid funds for the Fed-funded consumer watchdog. She said this “would be tantamount to closing what is left of the Bureau.”A federal judge ruled that the Trump administration must continue to seek funding for the US Consumer Financial Protection Bureau from the Federal Reserve even though the Fed has been operating at a loss....
Prepare for tomorrow’s regulatory change, today
MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.
Know what others in the room don’t, with features including:
- Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
- Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
- Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
- Curated case files bringing together news, analysis and source documents in a single timeline
Experience MLex today with a 14-day free trial.