District court enjoins Trump administration from dismantling CFPB

On March 28, the U.S. District Court for the District of Columbia enjoined the Trump administration’s leadership from dismantling the CFPB. The district court opined there were expedited efforts to shut down the agency, finding the new leadership intended to eliminate the Bureau despite a consent order prohibiting further employee terminations....
By: Orrick, Herrington & Sutcliffe LLP

Orrick, Herrington & Sutcliffe LLP