Senator Warren Praises Decision Forcing Vought to Fund CFPB

Senator Elizabeth Warren

Photographer: Graeme Sloan/Bloomberg

Senator Elizabeth Warren praised a federal judge’s ruling on Tuesday requiring the Trump administration to seek funding for the Consumer Financial Protection Bureau.

The ruling by Judge Amy Berman Jackson in Washington DC was a rebuke to attempts by Russell Vought, acting director of the CFPB, to invalidate the regulator’s funding, which relied on its ability to draw funds from the Federal Reserve.