Story perspectives

White House Challenges CFPB Funding Despite Supreme Court Ruling

11/13/2025

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Summary

Story summary

The White House, led by White House official Russ Vought, seeks to redefine the Consumer Financial Protection Bureau (CFPB) financially.
This move proceeds despite a Supreme Court ruling affirming the CFPB's funding structure.
Vought claims the Federal Reserve lacks funds to support the CFPB, contradicting the agency's obligations.
The Office of Legal Counsel suggests the CFPB could request congressional appropriations.
Legal experts doubt the viability of Vought's argument.

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Story summary

The White House, led by White House official Russ Vought, seeks to redefine the Consumer Financial Protection Bureau (CFPB) financially.
This move proceeds despite a Supreme Court ruling affirming the CFPB's funding structure.
Vought claims the Federal Reserve lacks funds to support the CFPB, contradicting the agency's obligations.
The Office of Legal Counsel suggests the CFPB could request congressional appropriations.
Legal experts doubt the viability of Vought's argument.