The CFPB was her design, including its rogue nature of being removed from Congressional budget control and obtaining all its funding directly out of Federal Reserve earnings, where she had hoped to sit as the first CFPB dictator. Obama did push threw her brainchild but was uanble to seat her as it’s head.
In addition to the many already existting laws regarding financial regulations, Congress is fully capable of adding additional regulations, democratically, as it choses. But democracy was what Warren hoped to avoid with the CFPB, wanting another administrative dictatorship that could bypass Congress on a daily basis.
The Federal Reserve has been losing money for several years. There are no earnings to fund the CFPB. Shut it down.