American Banker: Vought capitulates to court order, asks for CFPB funding

Here, by Kate Berry (behind paywall but available on Lexis). Excerpt:

Last month, District Court Judge Amy Berman Jackson ruled that Vought‘s refusal to request funding for the CFPB violates an existing injunction. She found that the combined earnings of the Fed means “everything the Federal Reserve earns.” Her order made it clear that a failure to seek funding could subject Vought to the penalties for contempt.

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