E EXPLAINIT

CFPB Funding Illegal: Shutdown Looms 2026

3 weeks ago

On November 11, 2025, the Consumer Financial Protection Bureau (CFPB) received a significant blow as the administration declared its current funding mechanism illegal. This decision, revealed in a court filing, has put the agency on track to shut down in early 2026 unless Congress intervenes. Current Situation The CFPB, established in the wake of the […]

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