A federal judge has issued a temporary injunction to halt the Trump administration's efforts to dismantle the Consumer Financial Protection Bureau (CFPB). Judge Amy Berman Jackson ruled that all terminated employees must be reinstated and ordered a stop to further firings, as well as the deletion of agency data. This injunction responds to concerns over potential irreparable harm to the CFPB, presented in a lawsuit by the National Treasury Employees Union. The ruling supports the agency's mission to protect financial security and upholds constitutional separations of power.
"There is a substantial risk that the defendants will complete the destruction of the agency completely in violation of law well before the Court can rule on the merits, and it will be impossible to rebuild."
"Today's victory blocks the unprecedented plan to dismantle the CFPB—an agency that Congress created to protect Americans' financial security."
#consumer-financial-protection-bureau #trump-administration #court-ruling #financial-security #government-policy
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