Attorneys general from 21 states led by Democrats and the District of Columbia filed a lawsuit against the Trump administration on Dec. 22, 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 that 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.
