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Minnesota joins another legal effort against Trump administration, this time over shutdown of the CFPB

Summary by KARE
After the 2008 financial crisis, Congress established the Consumer Financial Protection Bureau to strengthen oversight of big banks and other financial institutions.

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Star TribuneStar Tribune

AG Keith Ellison is leading the charge against Trump in Minnesota. Will lawsuits make a difference?

It’s Ellison’s second time responding to the Trump administration through legal action. He says the president’s team is now more brazen in rebuffing the courts.

·Minneapolis, United States
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KAREKARE

Minnesota joins another legal effort against Trump administration, this time over shutdown of the CFPB

After the 2008 financial crisis, Congress established the Consumer Financial Protection Bureau to strengthen oversight of big banks and other financial institutions.

·Minneapolis, United States
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mainemorningstar.commainemorningstar.com

AG Frey warns CFPB shutdown threatens financial consumer safeguards

(Photo via Consumer Financial Protection Bureau /Flickr)Nearly two dozen states and the District of Columbia are asking a federal judge to issue an injunction blocking the Trump administration from defunding the Consumer Financial Protection Bureau, arguing they will suffer irreparable harm if the CFPB is dismantled. The amicus brief by D.C. and the 23 states, including Maine, argues that that the CFPB has become an essential partner to states i…

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mainemorningstar.com broke the news in on Thursday, February 20, 2025.
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