CFPB Transfers Enforcement Powers to DOJ Amid Budget Constraints
In a move that underscores significant changes within the Consumer Financial Protection Bureau (CFPB), the agency will transfer its remaining enforcement lawsuits and other litigation matters to the U.S. Department of Justice (DOJ). This decision aligns with the Trump administration’s preparation for the potential depletion of the CFPB’s resources. Initially reported by Law360, the transition…