Statement from Senator Warren on the CFPB Transferring All Active Litigation to DOJ

Washington, DC – Today, U.S. Senator Elizabeth Warren (D-Mass.), Ranking Member of Senate Committee on Banking, Housing, and Urban Affairs, released the following statement on reporting that the Consumer Financial Protection Bureau (CFPB) is transferring all of its active litigation to the Department of Justice (DOJ):

“Donald Trump and Russ Vought are racing to shut down the CFPB while their lawyers tell the courts the opposite. In its latest move, the Administration is transferring away all of the CFPB’s active litigation, critical work that the CFPB does to return billions of dollars directly to Americans cheated by big banks and giant corporations. Nobody is fooled about the Trump-Vought end game, and the courts must uphold the law.

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