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Story summary
- U.S. District Judge Ann Aiken ruled the Trump administration’s attempt to block CFPB funding unlawful.
- A coalition of 22 states and D.C., led by California AG Rob Bonta, won.
- Acting CFPB director Russell Vought set the 2025 request to zero, citing Federal Reserve (Fed) losses and an OLC memo.
- The CFPB requested $273 million for fiscal 2026 after the Fed regained profitability.
