CFPB official testifies to agency confusion after DOGE

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“Big time” confusion has wracked the Consumer Financial Protection Bureau (CFPB) staff since last month, the agency’s chief operating officer, Adam Martinez, testified before a federal judge in Washington, DC, on Monday.

Martinez’s testimony — which will continue on Tuesday afternoon — is meant to address questions around what’s happening at the financial regulation agency, before a judge decides whether to grant a preliminary injunction to preserve agency data, funds, and staff. It clarified points of disagreement between Martinez and…



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CFPB official testifies to agency confusion after DOGE


“Big time” confusion has wracked the Consumer Financial Protection Bureau (CFPB) staff since last month, the agency’s chief operating officer, Adam Martinez, testified before a federal judge in Washington, DC, on Monday.

Martinez’s testimony — which will continue on Tuesday afternoon — is meant to address questions around what’s happening at the financial regulation agency, before a judge decides whether to grant a preliminary injunction to preserve agency data, funds, and staff. It clarified points of disagreement between Martinez and…



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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