Democratic states sue to block Trump’s defunding of US consumer watchdog

Attorneys general from 21 states and DC argue defunding the Consumer Financial Protection Bureau is unlawfulA coalition of Democratic-led states filed a lawsuit on Monday seeking to prevent Donald Trump’s administration from defunding the US Consumer Financial Protection Bureau by refusing to request money from the Federal Reserve.Democratic attorneys general from 21 states and the District of Columbia filed the lawsuit in federal court in Oregon, arguing that the administration’s decision not to seek additional funding for the US consumer watchdog is unlawful and undermines Congress’ authority under the US constitution. Continue reading...