Core Points - The Consumer Financial Protection Bureau (CFPB) has reported that the Trump administration has blocked its access to funds from the Federal Reserve, which could lead to the agency running out of money by the end of the year [1] - The Department of Justice has ruled that the CFPB's current funding procedures are illegal based on a new interpretation of the term "consolidated revenue" in the Dodd-Frank Act, equating revenue with profit rather than income, effectively eliminating the Federal Reserve's ability to provide funding to the CFPB [1] - CFPB expects to have sufficient funds to continue operations at least until December 31, but this move is seen as part of a broader effort by the Trump administration to dismantle the agency [1] Summary by Sections - **Funding Issues** - CFPB's access to Federal Reserve funds has been blocked, risking its financial sustainability [1] - New legal interpretation by the Department of Justice affects CFPB's funding procedures [1] - **Legal Interpretation** - The term "consolidated revenue" is now interpreted as profit, impacting the funding mechanism from the Federal Reserve [1] - **Operational Outlook** - CFPB anticipates enough funds to operate until the end of December [1] - The administration's actions are perceived as attempts to undermine the CFPB [1]

格隆汇11月12日｜美国消费者金融保护局（CFPB）周一向联邦法院表示，特朗普政府已经依据一项新 的法律意见，阻止其从美联储提取资金，这将导致该机构的资金在年底前耗尽。CFPB称，司法部已裁 定，根据《多德-弗兰克法案》中"合并收入"一词的新解释，CFPB当前的资金拨付程序是非法的。新的 法律审查将收入等同于利润，而非收入，从而基本消除了美联储向CFPB提供资金的能力。CFPB预计， 至少到12月31日之前，仍将拥有足够的资金继续运营。这一举措是特朗普政府一系列行动中的最新一 步，许多消费者权益倡导者认为这些举措意图完全拆解CFPB。白宫预算主任沃特上个月表示，他认为 自己能在"未来两三个月内"关闭该机构。 来源：格隆汇APP ...

Core Points - Over 230 current and former Democratic lawmakers assert that the executive branch cannot unilaterally dissolve the Consumer Financial Protection Bureau (CFPB) or impede its statutory functions, as this power is reserved for Congress [1] - The statement, filed as an amicus brief on Friday, includes prominent Democrats such as Senator Warren from Massachusetts and Representative Waters from California, who publicly criticize the Trump administration's attempts to dismantle the CFPB [1] - The lawmakers express support for the National Treasury Employees Union and its co-plaintiffs in their legal action against the agency's significant layoffs [1]