The Federal Housing Finance Agency is looking to fire employees focused on fair lending and consumer protection as part of a wave of terminations across the agency, according to multiple sources familiar with the matter.
The regulator on March 18 started putting scores of employees on administrative leave, such as workers in the Division of Public Interest Examination—including a consumer protection unit—and a team of research economists. The administrative leave is a precursor to their termination, the sources familiar with the matter—who requested anonymity due to fear of retaliation—told Bloomberg Law.
The shakeup, part of the Trump administration’s bid to ...
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