Oregon Leads Lawsuit To Keep CFPB Funded
(Salem, OR) -- The Trump Administration is trying to shut down the Consumer Financial Protection Bureau by claiming it can't be funded by the Federal Reserve. Oregon is leading a coalition of states in a lawsuit that would force the Administration to fund the agency. The lawsuit claims the law passed by Congress requires the agency to be funded by the Federal Reserve. The CFPB was created following the Great Recession to protect consumers. More than 21-billion dollars have been returned to over 205 million Americans. In Oregon, more than 700-thousand dollars have been returned to consumers.



