DiscoverUS News Today | 2 Min News | The Daily News Now!States Sue to Save CFPB from Trump's Defunding
States Sue to Save CFPB from Trump's Defunding

States Sue to Save CFPB from Trump's Defunding

Update: 2025-12-23
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In a bold move, twenty-one Democrat-led states and D.C. sue the Trump administration to prevent the defunding of the Consumer Financial Protection Bureau. The CFPB, established under Obama, has returned billions to scammed consumers but faces potential shutdown due to funding issues. Critics argue this move benefits financial companies and disregards Congresss power. Separate suits by federal workers and nonprofits further complicate the CFPBs future.

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States Sue to Save CFPB from Trump's Defunding

States Sue to Save CFPB from Trump's Defunding