The bureau has been in turmoil as the Trump administration moved to fire hundreds of employees, ordered the rest to stop working and closed offices.
The judge blasted Russell Vought, the acting director of the Consumer Finance Protection Bureau, for misleading the court of the true intentions behind telling employees to stop work.
The first Trump Administration’s consumer protection efforts focused primarily on unlawful drug distribution and elderly fraud schemes. Panelists predicted that cases pursued by the new administration will likely remain focused on those involving “real” victims—that is,
A federal judge is blocking the dismantling of the Consumer Financial Protection Bureau, finding the Trump administration acted "completely in violation of law" when it attempted to shutter the organization.
Key Points A federal judge granted a preliminary injunction blocking efforts to shut down the CFPB. The court found that Trump administrat
The administration, which had moved to gut the Consumer Financial Protection Bureau, likely will appeal the judge’s order.