America's leading consumer watchdog is nearing the end of its funding, and its own acting director appears determined to ensure that outcome.
The Consumer Financial Protection Bureau (CFPB), an agency credited with returning more than $21 billion (£16 billion) directly to Americans harmed by banks and corporations, now faces possible extinction after moves by the Trump administration to cut off its funding entirely. In November, Department of Justice attorneys warned that the bureau 'anticipates exhausting its currently available funds in early 2026.'
