Citing a court order, the Trump administration said on Friday it will fund the Consumer Financial Protection Bureau with $145 million, a reversal that ends an 11-month battle that pushed the consumer watchdog toward insolvency.

New Mexico Attorney General Raúl Torrez joined a coalition of attorneys general last month in suing the Trump administration to stop the complete defunding of the Consumer Financial Protection

The order is the latest in a complex legal battle over the fate of the Consumer Financial Protection Bureau, a watchdog agency.

Trump is aligned with the two progressive senators, who are usually staunch Trump critics, on his most recent proposal.

A federal judge ruled the Trump administration must secure CFPB funding after blocking shutdown attempts. The consumer protection agency faces critical funding crisis.

A federal judge has rejected a claim by President Donald Trump's administration that it is legally barred from securing funding for the U.S. Consumer Financial Protection Bureau, noting a court order already bars the administration from shutting the agency ...

With credit card interest rates near modern highs, President Trump says he wants to cap the rates for one year.

Citing a court order, President Donald Trump's budget director on Friday asked the U.S. Federal Reserve to supply $145 million to fund the operations of the Consumer Financial Protection Bureau, ending an 11-month stretch during which the White House had starved the agency of funds and warned staff could be let go and many operations suspended as result.