Mmastodon WorldLaw & Courts first seen 2 h ago, last 2 h ago, peak #6

Court rules CFPB must remain lawfully funded, Bonta says

Original: Attorney General Bonta Celebrates Final Win in CFPB Funding Lawsuit, Consumer Protection Agency Must Remain Lawfully Fun

California Attorney General Rob Bonta announced a final court victory in the lawsuit over Consumer Financial Protection Bureau funding. The court held that former acting director Russell Vought's refusal to request funds for the agency was unlawful, meaning the CFPB must continue to receive the financing it needs to operate and enforce consumer protection laws. Bonta framed the ruling as a win for consumers against efforts to defund the watchdog.

Why now: The ruling blocks an attempt to defund a major consumer protection agency, a politically charged outcome.

Rob BontaConsumer Financial Protection BureauRussell VoughtCalifornia Department of Justice

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• Attorney General Bonta Celebrates Final Win in CFPB Funding Lawsuit, Consumer Protection Agency Must Remain Lawfully Funded "The court held that former Acting Director Russell Vought’s insistence not to request funds for the Consumer Financial Protection Bureau were unlawful… · meganL@mas.to · 4

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