A federal judge on Tuesday blocked the Trump Administration from defunding the Consumer Financial Protection Bureau (CFPB). US District Judge Amy Berman Jackson, an Obama appointee, ruled that the White House has to use funds from the Federal Reserve to continue funding the CFPB. OMB Director – and Acting Director of the CFPB Russ Vought earlier issued a “reduction in force” (RIF) for the CFPB after Trump shut down the agency shortly after he was sworn into office. The Federal Reserve has been operating at a loss since 2022 thanks to Bidenflation. CBS News reported: The White House may not stop funding the Consumer Financial Protection Bureau, a federal judge ruled Tuesday, days before funds at the bureau were likely to run out and the…
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