A federal judge in Washington put a temporary hold on the Trump administration’s plans to cull the Consumer Financial Protection Bureau’s workforce and effectively shutter the agency.
Judge Amy Berman Jackson of the US District Court for the District of Columbia on Friday applied a preliminary injunction blocking the CFPB from firing workers and deleting data.
The ruling also requires the CFPB to restore any contracts necessary to complete legally required tasks.
Jackson found that arguments from the CFPB and acting head Russell Vought that the agency was performing its statutorily mandated functions, such as operating its consumer response unit ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.