Judge Amy Berman Jackson granted a preliminary injunction to protect the Consumer Financial Protection Bureau (CFPB) from potential dismantlement by the Trump administration. The judge expressed significant doubts about government honesty and the legality of efforts to terminate the agency. The injunction will preserve the agencyâs data, capacity, and workforce while the court adjudicates the case, which was initiated by groups claiming constitutional violations since the CFPB serves as a vital watchdog for consumers against financial malpractices, especially in the tech-financial intersection.
"Absent an injunction freezing the status quo - preserving the agency's data, its operational capacity, and its workforce - 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."
"The ruling is a significant win for the federal workers' union and groups that rely on the CFPB's work that filed the complaint, alleging that the Trump administration is violating the separation of powers under the Constitution by trying to eliminate an agency established by Congress."
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