Court Blocks Trump Admin From Abrupt CFPB Workforce Slashes

A federal appeals court in Washington, D.C., blocked the Trump administration’s plan to immediately slash the Consumer Financial Protection Bureau’s staff by about two-thirds, sending the case back to the district court without approving resumed cuts or a deadline to act. The DOJ had argued it should be allowed to carry out the changes immediately, but the court kept injunctions in place as it reviews the administration’s revised plan amid long-running efforts to weaken the agency created to police consumer finance after the 2008 crash.