Senate Parliamentarian Elizabeth MacDonough ruled that the Trump Administration and congressional Republicans cannot use the pending budget reconciliation bill to eliminate funding to the CFPB in a June 23, 2025,...more
6/25/2025
/ Budget Cuts ,
Budget Reconciliation ,
Consumer Financial Protection Bureau (CFPB) ,
Federal Budget ,
Financial Regulatory Reform ,
Government Agencies ,
Proposed Legislation ,
Regulatory Reform ,
Rulemaking Process ,
Senate Banking Committee ,
Trump Administration
The Federal Reserve's Office of Inspector General (OIG) reportedly committed to reviewing the Trump Administration's efforts to eliminate the vast majority of CFPB employees and agency contracts on June 6, 2025. This decision...more
6/24/2025
/ Appeals ,
Consumer Financial Protection Bureau (CFPB) ,
Contract Termination ,
Federal Reserve ,
GAO ,
Government Agencies ,
Government Investigations ,
Government Reorganization ,
Investigations ,
OIG ,
Preliminary Injunctions ,
Reduction of Force ,
Trump Administration
The U.S. House Committee on Financial Services on April 30, 2025, voted to approve Republican-backed budget legislation that would eliminate almost all funding to the CFPB.
In a 30-22 vote along party lines, the draft...more
In a per curiam order, a three-judge panel of the U.S. Court of Appeals for the District of Columbia Circuit on April 11, 2025, partially stayed a preliminary injunction halting any attempt to dismantle the CFPB. Judges...more
4/15/2025
/ Appeals ,
Consumer Financial Protection Bureau (CFPB) ,
Employee Rights ,
Employment Litigation ,
Federal Labor Laws ,
Government Agencies ,
Hiring & Firing ,
Judicial Authority ,
Pending Litigation ,
Preliminary Injunctions ,
Stays
As previously reported by Holland & Knight, Judge Amy Jackson of the U.S. District Court for the District of Columbia on March 28, 2025, issued a preliminary injunction and ordered the Consumer Financial Protection Bureau...more
U.S. District Court Judge Amy Berman Jackson granted the plaintiffs' motion for preliminary injunction in NTEU v. Vought on March 28, 2025, primarily requiring the Consumer Financial Protection Bureau (CFPB) to reinstate all...more
4/1/2025
/ Administrative Procedure Act ,
Appeals ,
Consumer Financial Protection Bureau (CFPB) ,
De Novo Standard of Review ,
Department of Justice (DOJ) ,
Government Agencies ,
Hiring & Firing ,
Involuntary Reduction in Force ,
Preliminary Injunctions ,
Trump Administration ,
Unions