
The Consumer Financial Protection Bureau (CFPB) is facing a legal challenge to its potential dismantling by the Trump administration, with U.S. District Judge Amy Berman Jackson hearing arguments in a lawsuit filed by the agency's employees union. The judge is considering issuing a preliminary injunction to block mass firings at the CFPB, following protests by the union outside the court. Recent developments indicate that the CFPB has resumed some legally required work after it was initially halted by the Department of Government Efficiency (DOGE) under the Trump administration. A senior CFPB staffer's affidavit suggests that the agency is no longer expected to fully dismantle, despite earlier efforts by Acting Director Russ Vought to close it down. CFPB Chief Operating Officer Adam Martinez has communicated to employees that they should continue performing statutorily required work without needing prior approval from senior leadership. This directive comes amid confusion and a stop-work order that led some employees to cease their duties, despite the agency setting up a 'CFPB tipline' to report workers continuing their jobs. The Trump administration's actions have led to significant operational changes at the CFPB, including the cancellation of over $100 million in contracts and the halting of consumer complaint reporting. These moves, along with placing examiners on administrative leave and seeking a stay in the CFPB's enforcement action against Comerica Bank, have raised concerns about the agency's ability to protect consumers from financial predators and identity theft.
The Consumer Financial Protection Board is critical to protecting New Jerseyans from being ripped off by big banks, loan servicers, debt collectors, and payday lenders who break the law. Donald Trump and Elon Musk want to dismantle the CFPB to line their own pockets at the…
The U.S. Consumer Financial Protection Bureau, a watchdog agency that the Trump administration has largely closed down, asked a federal court on Monday to issue a stay in its enforcement action against Comerica Bank , court papers showed. https://t.co/1NiKcDeezg https://t.co/SSRWYZQq5r
Exclusive: CFPB examiners remain on administrative leave despite an email from the agency’s chief operating officer stating employees don’t need approval from senior leadership to perform work mandated by law. https://t.co/vDWdV9aNEZ







