CFPB staff and leaders clash about whether they’re allowed to work

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Leadership and staff at the Consumer Financial Protection Bureau (CFPB) are clashing in court over whether the Trump administration is seeking to wind down the agency and if it has allowed workers to continue their legally required duties. Now, a key agency executive is expected to testify in a hearing next week, after a judge expressed concerns the agency would be shut down before she had a chance to weigh in.

The CFPB has been targeted by the Department of Government Efficiency (DOGE), with Elon Musk posting “RIP” to the agency in early…



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CFPB staff and leaders clash about whether they’re allowed to work


Leadership and staff at the Consumer Financial Protection Bureau (CFPB) are clashing in court over whether the Trump administration is seeking to wind down the agency and if it has allowed workers to continue their legally required duties. Now, a key agency executive is expected to testify in a hearing next week, after a judge expressed concerns the agency would be shut down before she had a chance to weigh in.

The CFPB has been targeted by the Department of Government Efficiency (DOGE), with Elon Musk posting “RIP” to the agency in early…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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