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Spanky HALTS Defunding CFPB!!!!!

February 14, 2025

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"Presidunce Spanky’s administration halted defunding the Consumer Financial Protection Bureau (CFPB), after Democracy Forward, on behalf of the city of Baltimore and a nonprofit, filed a lawsuit.

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According to a joint motion filed Thursday, the plaintiffs and the Trump administration — specifically Office of Management and Budget Director Russell Vought, who’s currently the acting head of the CFPB — agreed that none of the agency’s funding will change until the court hears the case.

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The Consumer Financial Protection Bureau protects all Americans from predatory and discriminatory practices,” Democracy Forward President and CEO Skye Perryman said in a statement. “It has returned $20 Billion back to the American public, yet again, it is unfortunate we have had to resort to litigation to protect this consumer watchdog.”

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