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politics23h ago
Nearly two dozen states sue the Trump administration over funding for CFPB
Npr.org and 3 more
- Twenty-one states sued the CFPB and its director, arguing withholding funds is unconstitutional and that the bureau should be funded from the Fed's earnings.
- The suit argues the CFPB can be funded from the Fed's combined earnings, a mechanism critics say the White House wrongly rejects, risking funds in January.
- Officials warn cutting funding could cripple the CFPB's ability to process complaints, undermining enforcement and protections.
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