Vought concedes on CFPB funding

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AI Summary

The CFPB’s acting director requested $145 million from the Federal Reserve for agency operations but disagreed with a judge's decision ordering this funding. This highlights potential conflicts and challenges in funding federal agencies.

Texas Relevance

The article does not mention Texas, TCUD, or any Texas-specific entities. It focuses on the CFPB's funding issues with a judge’s decision.

Original Content

The CFPB’s acting director requested $145 million from the Federal Reserve to carry out agency duties for the fiscal second quarter, but noted he disagreed with a judge’s decision ordering the agency to do so.