The news, distilled into what matters.
US appeals court blocks Trump admin from enacting new plans to slash consumer watchdog staff
- A U.S. appeals court blocked the Trump administration's plan to immediately cut the Consumer Financial Protection Bureau's staff by about two‑thirds.
- The administration had repeatedly pushed big cuts (at one point proposing up to 90%) and sought to send the case back to a district judge, but the court refused to allow immediate layoffs or impose a deadline.
- Still, the administration is pursuing other moves to weaken the CFPB — reassigning all staff to Washington (likely to spur resignations) and nominating a vocal critic to run the agency.
Read full article
Get the full experience in the app — topics, comments, and audio summaries.