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Judge orders Consumer Financial Protection Bureau official to testify about shutdown at agency

  • A federal judge ordered Adam Martinez, an official with the Consumer Financial Protection Bureau , to testify about the agency's operations amid claims of misleading statements regarding its staffing levels.
  • The National Treasury Employees Union is concerned that Martinez's declaration contains misleading information regarding the CFPB's staffing status, fearing significant job losses.
  • The judge's order prohibits mass terminations at the CFPB until a ruling on the legality of the administration's actions is made, with hearings scheduled to continue.
  • Judge Amy B. Jackson's ruling maintains a temporary order preventing the CFPB from mass terminations or returning funds until a decision is made on the legality of the administration's actions.
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  • 33% of the sources lean Left, 33% of the sources are Center, 33% of the sources lean Right
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RealClearMarkets broke the news in on Monday, March 3, 2025.
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