By Brad Beckett on November 25, 2025
Politico is reporting that the Trump administration has made a formal determination that the Consumer Financial Protection Bureau’s funding mechanism is unlawful, which puts the controversial bureau on track to close when its existing cash runs out in the coming months. Click here to read more.
In addition, Political says the move would leave the CFPB without money to operate starting next year unless Congress passes fresh funding for the agency – which they say is unlikely given widespread Republican opposition.
“The latest Justice Department opinion now argues that it could be unconstitutional for Vought to even submit a request to the Fed because the central bank does not have any money legally available for the bureau.”
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