The CFPB has received the funding it requested from the Federal Reserve, according to a January 15 letter submitted by the Justice Department to the court in the lawsuit filed against the CFPB by the National Treasury Employees Union.
On January 9, CFPB Acting Director Russell Vought notified Judge Amy Berman Jackson that, in response to her December 30, 2025 opinion in National Treasury Employees Union v. CFPB (DDC), he had requested $145 Million from the Federal Reserve Board to operate the CFPB from January through March of this year.
When he requested the funds, Vought made it clear that he made the request despite his disagreement with Judge Jackson’s opinion. We don’t know how the CFPB will deploy the funds it has received.
Earlier this year, Jackson issued an injunction prohibiting the Administration from firing more than 1,400 employees and taking certain other actions at the CFPB. A three-judge panel of the U.S. Court of Appeals for the District of Columbia dissolved the injunction but withheld its mandate in the case. However, when the DC Court of Appeals granted the Union’s request for a rehearing en banc, the ruling of the three-judge panel was vacated. Judge Berman’s injunction blocking the firings remains in effect. The lawsuit is in the process of being briefed before the Court of Appeals.