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Story perspectives

Judge Orders CFPB Funding Amid Legal Controversy

3/14/2026

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Story summary
  • On March 13, 2026, U.S. District Judge Edward Davila ruled the Trump administration unlawfully denied Consumer Financial Protection Bureau (CFPB) funding.
  • The judge ordered acting director Russell Vought to request funds from the Federal Reserve.
  • The ruling faulted the administration for relying on flawed legal advice to justify withholding funding.
  • CFPB funding remains uncertain as the government says the Federal Reserve is profitable, and an appeals court reviews the ruling.