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Court rules Trump administration must fund consumer finance watchdog

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2 hours ago

A federal judge ruled on Tuesday that the Trump administration is legally required to secure funding for the U.S. Consumer Financial Protection Bureau (CFPB), and that failing to do so would violate a prior court order barring the government from dismantling or shutting down the agency.In the 32-page ruling, U.S. District Judge Amy Berman Jackson rejected the administration's claim that it was legally barred from funding the agency, saying the administration’s rationale was "a legally baseless pretext." Simply, given that the administration is required to keep the agency operating, it cannot c...

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2 hours ago
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