AG Rayfield led a coalition of 22 AG in suing the Trump administration to stop the complete defunding of the Consumer Financial Protection Bureau (CFPB). AG Rayfield and the coalition are seeking a court order preventing the administration from carrying out its decision not to request any funds for CFPB and ordering the agency to request funding from the Federal Reserve to fulfill its duties as required by the law. 

“The CFPB is a watchdog that gets results. Take what happened with Equifax. The credit reporting agency failed to fix errors on people’s credit reports, allowed bad information to resurface, and sold credit scores that weren’t accurate. Those are all mistakes that can keep Oregonians from getting housing, or affordable credit. When powerful companies cut corners, someone has to stand up for everyday people and demand accountability.” – AG Rayfield ​