By
Oscar Gonzalez2025-08-06T14:00:00
The Trump administration declawed the Consumer Financial Protection Bureau (CFPB) from the very beginning of his second term. It now appears the agency might be running out of money.
A report from Bloomberg Law Tuesday claims the CFPB was down to $160 million in funding back in early July. These funds would cover the agency’s expenses and employee salaries and would have to last until Sept. 30. The agency reportedly spends $18 million every two weeks to pay employees and their benefits.
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