CFPB Official Quits With Fiery Email
The Trump administration has frozen the agency’s work and abandoned most of its lawsuits against banks and lenders.
It Is Happening Every Day, Every Where
The Trump administration has frozen the agency’s work and abandoned most of its lawsuits against banks and lenders.
Jonathan McKernan is expected to be tapped for a Treasury Department post instead after waiting for months for the full Senate to take up his consumer bureau nomination.
The president’s older sons, Donald Trump Jr. and Eric Trump, spent the past two weeks traveling the world and announcing deals, many of which will financially benefit their father.
In a 2-to-1 ruling, a panel of appellate judges restored a district court’s injunction preventing the Trump administration from laying off 90 percent of the Consumer Financial Protection Bureau’s staff.
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.
Lawmakers voted to invalidate a rule adopted last year by the Consumer Financial Protection Bureau. It now moves to the House.
Fired employees expressed excitement about the prospect of reinstatement, as well as back pay. But there’s no template for rehiring en masse.
Some civil servants are using whatever levers they have to resist the orders of the world’s richest man, both in public and behind closed doors.
Employees from Elon Musk’s so-called Department of Government Efficiency are gaining access to vast amounts of information held by federal agencies, even as lawsuits try to stop them.
The future of the new rule remains in question, however, with President-elect Donald J. Trump set to return to the White House this month.