Sen. Elizabeth Warren, the ranking member of the U.S. Senate Committee on Banking, Housing and Urban Affairs, issued a statement on a D.C. Circuit order involving the Consumer Financial Protection Bureau, saying the court rejected the Trump administration’s request to lift an injunction that has prevented Russ Vought from carrying out a plan to eliminate the agency. Warren said the courts will also review Vought’s latest plan to sideline the CFPB by firing most of its remaining staff. In defending the agency, she said the CFPB has returned more than USD 21 billion directly to Americans who were cheated or scammed by big banks and large corporations.
U.S. Senate Committee on Banking, Housing and Urban Affairs2026-06-20
U.S. Senate Committee on Banking, Housing and Urban Affairs ranking member says D.C. Circuit kept injunction blocking CFPB shutdown
Sen. Elizabeth Warren, ranking member of the U.S. Senate Committee on Banking, Housing and Urban Affairs, said the D.C. Circuit rejected the Trump administration’s request to lift an injunction that has blocked efforts to eliminate the CFPB. She also said the courts will review a separate plan to sideline the agency by dismissing most of its remaining staff.