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The Guardian - US
The Guardian - US
World
Michael Sainato

Trump administration moves again to dismantle top US consumer watchdog

CFPB United States Consumer Financial Protection Bureau Russell Vought Donald Trump US Federal Reserve
a sign outside a building
The Consumer Financial Protection Bureau (CFPB) logo is seen in Washington DC on 10 February 2025. Photograph: Anadolu/Getty Images

The Trump administration has launched its most direct attempt yet to shut down the top US consumer watchdog, arguing the current funding mechanism behind the Consumer Financial Protection Bureau (CFPB) is unlawful.

Attorneys for the administration claimed in a court filing that the agency “anticipates exhausting its currently available funds in early 2026”, setting the stage for it to be dismantled.

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