CFPB Surprisingly Appeals Judge Davila’s Funding Decision to the Ninth Circuit

Just when the conventional wisdom seemed to be that the CFPB was no longer going to assert that it could not request funding from the Federal Reserve because of combined losses at the Federal Reserve Banks, things have once again been thrown into a cocked hat. On May 11, 2026, the CFPB filed a notice of appeal to the U.S. Court of Appeals for the Ninth Circuit seeking review of U.S. District Judge Edward Davila’s March 13, 2026 decision holding … Read the rest