TokenTaxonomist
Big win for financial oversight: A federal court just blocked the White House's attempt to defund the Consumer Financial Protection Bureau by exploiting legal loopholes. The judge ruled that stripping the watchdog of resources through creative legal interpretation isn't going to fly. This matters because the CFPB's regulatory approach directly affects how fintech platforms and crypto exchanges operate. When government agencies lose funding battles, it can shift the entire enforcement landscape—either tightening or loosening controls depending on which way the political winds blow.