Consumer Financial Protection Bureau layoff temporarily blocked: Court puts brakes on harm to consumers
Media Contact: Lisa McDonald, Vice President of Communications, 202-207-2829
Washington, DC – The National Consumers League (NCL) applauds U.S. District Judge Amy Berman Jackson for her efforts to temporarily block the Trump administration’s efforts to cut 1,500 employees from the CFPB.
“The rule of law is not something this, or any Administration, can simply ignore,” said John Breyault, National Consumers League Vice President of Public Policy, Telecommunications, and Fraud. “However, the court stepping in to preserve the ability of the CFPB to perform its critical public interest work may only be a reprieve for the agency. Leaders of conscience in Congress must act swiftly to ensure that CFPB can perform its statutorily mandated consumer protection mission and continue to hold scammers and financial predators accountable.”
In the hearing earlier this afternoon, Judge Jackson prevented the agency from cutting off the employees’ computer access, which was planned for later today, until the judge holds a hearing near the end of the month.
Earlier this week, NCL issued a statement condemning the Trump administration for these actions, as it will directly impact everyday consumers who rely on the CFPB to be their watchdog against fraud and scams.
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About the National Consumers League (NCL)
The National Consumers League, founded in 1899, is America’s pioneer consumer organization. Our mission is to protect and promote social and economic justice for consumers and workers in the United States and abroad. For more information, visit www.nclnet.org.