A federal judge has agreed to block the Trump administration from dismantling the Consumer Financial Protection Bureau. U.S. District Judge Amy Berman Jackson agreed to issue a preliminary injunction that maintains the agency’s existence until she rules on the merits of a lawsuit seeking to preserve the bureau. The judge said the court “can and must act” to save the agency from being shuttered. Jackson ruled that, without a court order, President Donald Trump’s administration would move quickly to shut down the agency that Congress created in the wake of the 2008 financial crisis.
