A federal judge on Tuesday issued an order saying that the Federal Reserve must continue to fund the Consumer Financial Protection Bureau.
Dec. 30 A federal judge on Tuesday issued an order saying that the Federal Reserve must continue to fund the Consumer Financial Protection Bureau.
Early in December, the court upheld a lower court’s injunction against closing the bureau while a lawsuit is pending. The suit was brought by the National Treasury Employees Union against Office of Management and Budget director Russell Vought. He is also the acting CFPB director.
The Trump administration and Vought have sought to shutter the agency and lay off 1,500 employees. When it couldn’t shut the agency down, the administration stopped funding the department.
