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Failure to fund consumer watchdog will violate court order, judge rules
SOURCE:The Hill|BY:Ella Lee
A federal judge ruled Tuesday that the Trump administration must secure funding for a consumer watchdog agency or risk violating an existing court order barring its shuttering, rejecting a novel legal argument from the government. U.S. District Judge Amy Berman Jackson ruled that the U.S. Consumer Financial Protection Bureau (CFPB) must continue to request funding…
A federal judge on Tuesday ruled that the Trump administration must secure funding for a consumer watchdog agency or risk violating an existing court order barring its shuttering, rejecting a novel legal argument from the government. U.S. District Judge Amy Berman Jackson ruled that the U.S. Consumer Financial Protection Bureau (CFPB) must continue to request…