CFPB, Employees Reach Tentative Deal to Raise Worker Pay Bands

The Consumer Financial Protection Bureau and the union representing most of its workers reached a tentative agreement on compensation.

The CFPB and the National Treasury Employees Union agreed on April 19 to a deal that raises pay bands for current employees 2% in 2025 and 2026. Pay bands are the salary ranges for employees of different ranks.

“The 2% in ’25 and ’26 is not anywhere close to what we had proposed originally and think is the best way of doing it,” Solange Hilfinger-Pardo, chair of the NTEU Chapter 335 pay bargaining committee, said in an interview Wednesday. “But we ...