Federal Judge says consideration of funds transfer is not evidence of CFPB’s demise

Federal Judge says consideration of funds transfer is not evidence of CFPB’s demise

Saying that the CFPB’s consideration of returning funds to the Federal Reserve is not a sign that the Trump Administration intends to abolish the bureau, a federal judge has refused to issue a preliminary injunction stopping those transfers. “For the Court to intervene and entangle itself in the Bureau’s administrative processes before the agency has made any final decision about the disposition of its operating and reserve funds — and without c…