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  • 2 weeks later...

Posted

WASHINGTON – Citing a court order, the Trump administration said on Jan. 9 it will fund the Consumer Financial Protection Bureau with $145 million, a reversal that ends an 11-month battle that pushed the consumer watchdog toward insolvency.

  • 1 month later...
Posted

Current state of affairs

Without a functioning CFPB, enforcement may fall to state attorneys general and private lawsuits. The Federal Trade Commission can bring cases but lacks the authority to conduct routine supervision.

A future without a CFPB will leave consumers increasingly trapped, said Hayden, the Chicago attorney. “In five years, the resolution of consumer disputes is going to be worse, credit reports are going to be worse and it’s going to be harder for folks to fix them, guaranteed.”

  • 5 weeks later...
Posted
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Posted
On 4/11/2026 at 5:39 AM, sammyjax said:

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