California, other states file suit to prevent shutdown of federal consumer agency

Los Angeles TimesTuesday, December 23, 2025 at 1:54:15 AM
  • California Attorney General Rob Bonta, along with 20 other states and Washington, D.C., has filed a lawsuit aimed at preventing the Trump administration from defunding the Consumer Financial Protection Bureau (CFPB). This legal action comes as the CFPB faces financial challenges due to insufficient funding requests from the administration.
  • The lawsuit is significant as it seeks to protect the CFPB's ability to regulate financial institutions and safeguard consumer rights, which could be jeopardized by the proposed funding cuts.
  • This development highlights ongoing tensions between state attorneys general and the Trump administration, reflecting a broader struggle over consumer protection and regulatory authority, particularly as states increasingly challenge federal policies that they perceive as harmful to their constituents.
— via World Pulse Now AI Editorial System

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