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CFPB Can't Rely On 'Erroneous' Funding Theory, Court Says

By Lauren Berg ( March 13, 2026, 11:11 PM EDT) -- The Consumer Financial Protection Bureau must continue to request needed funding from the Federal Reserve, a California federal judge ruled Friday, saying Trump administration budget chief Russell Vought "acted arbitrarily, capriciously and contrary to law" by refusing to replenish the agency's dwindling funds....

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