... (CFPB) by withholding requests for Federal Reserve funding ... The states contend that without funding, the CFPB will not be able to fulfill its obligations.
This was a purely statistical difference and based on an arbitrary scale CFPB devised and which it impermissibly equated to discrimination ... which the CFPB under former DirectorChopra became infamous.
The lawsuit has to do with the Trump administration's argument that the CFPB can only be funded by the Federal Reserve's profits ...Without additional funds, the CFPB is expected to deplete its operating funds completely in January.
The attorney generals say the Trump administration is refusing to accept funding for the Consumer Financial Protection Bureau, which could hurt consumers in their states. (Image credit. Saul Loeb) ....
The CFPB was created to protect consumers in the financial marketplace, and it performs critical functions necessary to the functioning of the financial system ... Vought, lawsuits challenging the Trump Administration's efforts to dismantle the CFPB.
If the administration’s strategy holds, the CFPB—an agency that has returned billions of dollars to consumers since its inception—will effectively cease to exist as a regulatory and enforcement body.
The CollegeFootball Playoff (CFBP) continues after last night’s epic opener where Alabama rallied from 17 points down to secure a 34-24 win over Oklahoma... 19. The middle game of the college afternoon brings a rematch of an early season beatdown ... 1 ... ....