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CFPB must request funds from Fed, court rules
Yahoo Finance· 2026-01-05 08:44
This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. The Consumer Financial Protection Bureau must continue to request funding from the Federal Reserve, a federal judge ruled last week. “This process has unfolded seamlessly since the Bureau was established in 2011, even in the years since 2022 when the Federal Reserve's interest expenses have exceeded its earnings,” Judge Amy Berman Jackson of the U.S. District Court f ...