Federal judge blocks mass firings of Consumer Financial Protection Bureau workers

Federal judge blocks mass firings of Consumer Financial Protection Bureau workers

U.S. District Judge Amy Berman Jackson issued a preliminary injunction Friday that blocks the Trump administration from dismantling the Consumer Protection Financial Bureau.  “The court cannot look away or the CFPB will be dissolved and dismantled completely in approximately thirty days, well before this lawsuit has come to its conclusion,” she wrote in a 112-page…

Read More
CFPB

White House Orders Consumer Protection Agency Shutdown

The Trump administration has ordered an effective shutdown of the Consumer Financial Protection Bureau (CFPB), directing the agency to stop investigations, suspend rule implementations, and cease supervision activities. Russell Vought, the newly appointed director of the Office of Management and Budget, issued the order in a Saturday night email. Newsweek reached out to the White…

Read More
Elon Musk is on Capitol Hill to discuss DOGE initiatives

Elon Musk is on Capitol Hill to discuss DOGE initiatives

Elon Musk and Vivek Ramaswamy, who President-Elect Donald Trump has named as co-leaders of the proposed Department of Government Efficiency (DOGE), are meeting with lawmakers on Capitol Hill. The pair have said they plan to cut $2 trillion in government spending, eliminate entire departments like the Consumer Financial Protection Bureau (CFPB), and address other inefficiencies….

Read More