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Federal Judge Orders a Halt to Trump Administration Cuts at CFPB

A federal judge has ordered a temporary halt to cuts at the Consumer Financial Protection Bureau following actions by the Trump administration to fire nearly 200 employees and stop agency work.
Judge Amy Berman Jackson signed an order preventing the deletion of data and blocking mass employee firings at the CFPB.
Deepak Gupta, a lawyer for the National Treasury Employees Union, expressed concerns about imminent mass layoffs and data loss during a court hearing.
The administration's actions have raised legal challenges regarding the agency's funding and separation of powers, as noted by the union's lawsuit against acting director Russell Vought.

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Arizona Mirror

States warn CFPB shutdown threatens financial consumer safeguards • Arizona Mirror

Photo via Consumer Financial Protection Bureau /FlickrNearly two dozen states and the District of Columbia are asking a federal judge to issue an injunction blocking the Trump administration from defunding the Consumer Financial Protection Bureau, arguing they will suffer irreparable harm if the CFPB is dismantled. The amicus brief by D.C. and the 23 states, including Arizona, argues that that the CFPB has become an essential partner to states i…

2 days ago

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Boston Herald

Massachusetts AG Andrea Campbell joins lawsuit to stop Trump admin from ‘dismantling’ the Consumer Financial Protection Bureau

Attorney General Andrea Campbell has joined a lawsuit of more than 20 state AGs to stop the Trump administration from “dismantling” the Consumer Financial Protection Bureau. The Trump administration earlier this month ordered the CFPB to stop nearly all its work, effectively shutting down an agency that was created to protect consumers after the 2008 financial crisis. Billionaire Elon Musk, of the Department of Government Efficiency, has been ta…

2 days ago·Boston, United States

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Nevada Current

With Musk & Trump targeting CFPB, medical debt consumer protections fall to state, legislators say

“Who knows if there is even going to be a CFPB by June,” said Assemblyman Max Carter. (Photo: Richard Bednarski/Nevada Current)People shouldn’t be “pushed into ruin” if they get sick and are unable to pay medical debt, says Democratic Assemblymember Max Carter. Carter has introduced legislation to prohibit health care providers and collection agencies from reporting medical debt to consumer reporting agencies. The Consumer Financial Protection …

2 days ago

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Montana Standard

Trump puts CFPB in crosshairs

CONSUMER PROTECTIONS

3 days ago

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msmagazine.com

The Consumer Financial Protection Bureau Is Effective and Popular—So Why Do Trump and Musk Want to Shut It Down?

President Donald Trump and Elon Musk are targeting the Consumer Financial Protection Bureau (CFPB), which is the government oversight agency charged with protecting consumers from unfair and unethical practices like predatory lending rates for everything from home mortgages to used cars, junk charges such as “resort” fees at fleabag hotels and surprise “processing fees” or “closing fees” that weren’t disclosed upfront for loans. And it’s no myst…

3 days ago

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Bloomberg

Elon Musk Is Trying to Shut the CFPB. What Should Consumers Know?

Republicans have had the US Consumer Financial Protection Bureau in their sights since its 2011 inception. With President Donald Trump back in the White House, they appear to be moving toward their goal of dismantling the federal watchdog, which they have long accused of overstepping its authority.

3 days ago·United States

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