Pay Raise Fight at CFPB Boils Over, Imperiling Wage Talks (1)

The Consumer Financial Protection Bureau is embroiled in tense salary talks, with unionized employees accusing the agency of approving pay raises for senior officials while leaving line employees and middle managers behind.

The CFPB and its chapter of the National Treasury Employees Union have been negotiating salaries, including sessions overseen by federal mediators, for around a year. The union has sought an increase in pay bands, which are the salary ranges for employees of different ranks. The escalating tensions mark the first-ever expiration of a union contract in the CFPB’s history, and add to budget-related concerns at the agency ...