Reported 25 days ago
A federal judge issued a temporary order blocking the Trump administration's attempts to dismantle the Consumer Financial Protection Bureau (CFPB), preventing mass layoffs and data deletion. This ruling responded to a union lawsuit alleging a plan to cut 95% of the agency's employees while canceling its lease. The CFPB plays a critical role in consumer protection within the financial sector, and the judge's decision underscores the legal battle over the agency's future amid ongoing efforts by the administration to reduce its power.
Source: YAHOO