21 Democratic-Led States Sue Trump Admin Over CFPB Funding

Attorneys general from 21 Democratic-led states and the District of Columbia filed a lawsuit against the Trump administration on Monday, seeking to block its effort to defund the Consumer Financial Protection Bureau (CFPB) by withholding requests for Federal Reserve funding. The lawsuit, filed in U.S. District Court in Oregon, argues the administration’s position is illegal and undermines congressional intent. The states contend that without funding, the CFPB will not be able to fulfill its obligations. “The administration’s actions are a handout to those who drive up costs by cheating hardworking Americans, and I will keep fighting to ensure they follow the law and our Constitution,” New York Attorney General Letitia James, a Democrat, said in a statement....