On January 9, the CFPB notified the U.S. District Court for the District of Columbia that, in compliance with the court’s December 30, 2025, order, CFPB Acting Director Vought submitted the Bureau’s required funding request to the Fed. As previously covered by InfoBytes, the district court had granted the CFPB union’s motion to clarify the scope of a preliminary injunction and ruled that the CFPB’s claimed “lapse” in funding did not justify failing to comply with the injunction.
CFPB Acting Director Vought stated that, although he disagreed with the court’s interpretation that “combined earnings” refers to the Fed’s profits, he determined that $145 million was necessary to carry out the Bureau’s operations for the second quarter of fiscal year 2026. The funds were to be deposited in the CFPB fund at the Fed.
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