Trump Administration Agrees to Fund CFPB Following Court Order
The Trump administration has agreed to fund the Consumer Financial Protection Bureau with $145 million after a federal court order. This decision reverses an 11-month effort to defund the agency and prevents its insolvency.
In a significant turn of events, the Trump administration announced on January 9, 2026, its decision to allocate $145 million to the Consumer Financial Protection Bureau (CFPB) following a federal court order. This move marks a reversal of an 11-month campaign by the administration to defund or dismantle the agency, thereby averting its imminent insolvency. The court's directive highlights the judiciary's capacity to enforce compliance with executive actions, even when they conflict with the administration's policy objectives.
