The White House cannot lapse in its funding of the Consumer Financial Protection Bureau, a federal district court judge ruled on Tuesday, only days before funds at the bureau would have likely run out and the consumer finance agency would have no money to pay its employees.
Judge Amy Berman ruled that the CFPB can continue to get its funds from the Federal Reserve, despite the Fed operating at a loss, and that the White House’s new legal argument about how the CFPB gets its funds is not valid.
At the heart of this case is whether Russell Vought, President Donald Trump’s budget director and the acting director of the CFPB, can effectively shut down the agency and lay off all of the bureau’s employees.
The CFPB has largely been inoperable since President Trump has sworn into office nearly a year ago. Its employees are mostly forbidden from doing any work, and most of the bureau’s operations this year has been to unwind the work it did under President Biden and even under Trump’s first term.
Political Glance
Democrat Renee Hardman won a special election for state Senate in Iowa on Tuesday, preventing Republicans from regaining a supermajority in the chamber, Decision Desk HQ projects.
Donald Trump’s actions and incendiary remarks in the first year of his second presidential term have left many women, people of color and their allies in a tailspin.
A federal judge has dismissed an indictment against a Los Angeles TikTok streamer who was shot by an officer during an immigration enforcement operation and accused of assault against a federal agent, citing constitutional violations.
New York City Mayor-elect Zohran Mamdani will be sworn in, not inside City Hall on New Year's Day, but dozens of feet below it.
US senator Bernie Sanders amplified his recent criticism of artificial intelligence on Sunday, explicitly linking the financial ambition of “the richest people in the world” to economic insecurity for millions of Americans – and calling for a potential moratorium on new datacenters.





























