The U.S. Senate Committee on Banking, Housing and Urban Affairs released a statement from Senator Elizabeth Warren, the committee’s Ranking Member, responding to a second court ruling that found the Trump Administration illegally attempted to shut down the Consumer Financial Protection Bureau (CFPB) by starving it of funds. Warren said the court ordered Russ Vought to request the funding the CFPB needs to carry out its consumer protection role. She also cited the CFPB’s record of returning more than USD 21 billion to Americans and said she will continue to fight to defend the agency.
U.S. Senate Committee on Banking, Housing and Urban Affairs 2026-03-13
U.S. Senate Committee on Banking, Housing and Urban Affairs publishes Warren statement on court order requiring Russ Vought to request CFPB funding
The U.S. Senate Committee on Banking, Housing and Urban Affairs released a statement from Senator Elizabeth Warren regarding a court ruling against the Trump Administration's attempt to defund the Consumer Financial Protection Bureau (CFPB). The court ordered Russ Vought to secure necessary funding for the CFPB. Warren emphasized the CFPB's success in returning over USD 21 billion to consumers and pledged ongoing support for the agency.