{"id":283529,"date":"2026-03-18T09:00:05","date_gmt":"2026-03-18T13:00:05","guid":{"rendered":"https:\/\/ncrc.org\/?p=283529"},"modified":"2026-03-18T09:00:05","modified_gmt":"2026-03-18T13:00:05","slug":"a-win-for-consumers-federal-judge-rules-administration-must-fund-the-consumer-financial-protection-bureau","status":"publish","type":"post","link":"https:\/\/ncrc.org\/a-win-for-consumers-federal-judge-rules-administration-must-fund-the-consumer-financial-protection-bureau\/","title":{"rendered":"A Win for Consumers: Federal Judge Rules Administration Must Fund the Consumer Financial Protection Bureau"},"content":{"rendered":"
\n

On Friday, March 13, 2026, a federal judge ruled that the Acting Director Russell Vought must request funding for the Consumer Financial Protection Bureau (CFPB). \u00a0<\/span><\/p>\n<\/div>\n

\n

Public Citizen Litigation Group, representing the National Community Reinvestment Coalition (NCRC), Rise Economy and the Woodstock Institute, filed the suit last December challenging the failure of the CFPB to request funding as amounting to a \u201cshut down\u201d of the agency<\/a><\/u>.<\/p>\n<\/div>\n

\n

In granting the summary judgment, the US District Court for the Northern District of California rejected the CFPB\u2019s interpretation of \u201ccombined earnings\u201d and ordered the CFPB to continue requesting the funding necessary to carry out its statutory responsibilities.<\/p>\n<\/div>\n

\n

\u201cThis decision reinforces a basic principle: the law must be followed, especially when consumers\u2019 financial protections are at stake,\u201d said Jesse Van Tol,\u00a0president and CEO of NCRC. \u201cA fully functioning CFPB exists\u00a0to\u00a0protect families\u00a0and\u00a0keep\u00a0the\u00a0marketplace fair and accountable.\u201d<\/p>\n<\/div>\n

\n

To read the full ruling,\u00a0visit here<\/a><\/u>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

On Friday, March 13, 2026, a federal judge ruled that the Acting Director Russell Vought must request funding for the Consumer Financial Protection Bureau (CFPB). 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Friday, March 13, 2026, a federal judge ruled that the Acting Director Russell Vought must request funding for the Consumer Financial Protection Bureau (CFPB). \u00a0","_links":{"self":[{"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/posts\/283529","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/users\/951"}],"replies":[{"embeddable":true,"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/comments?post=283529"}],"version-history":[{"count":0,"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/posts\/283529\/revisions"}],"wp:attachment":[{"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/media?parent=283529"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/categories?post=283529"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ncrc.org\/wp-json\/wp\/v2\/tags?post=283529"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}