Source: Politico
“The D.C. Circuit Court of Appeals on Tuesday issued an order rebuking the Trump administration’s efforts to defund and shutter the Consumer Financial Protection Bureau. Earlier in the month, the court agreed to hear an ongoing lawsuit brought by the National Treasury Employees Union, representing CFPB employees, against OMB director and acting CFPB director Russ Vought. The court upheld an injunction from a lower court ahead of its February hearing, which stated that the Trump administration must cease its efforts to shutter the bureau while the case is ongoing. In the case, Vought and the Trump administration have argued that requesting funds from the Federal Reserve, which provides resources to the agency at the director’s request, would be against the CFPB’s founding rules, as the central bank had not been running at a profit. Without a new infusion of funds, the bureau will likely run out of funds sometime in the next month.” (12/30/25)
https://www.politico.com/news/2025/12/30/vought-cfpb-funding-order-00707866