Category Archives: Consumer Financial Protection Bureau

Claire Williams: Judge leans toward halting Trump CFPB actions

Here in the American Banker. Behind paywall and not yet on Lexis but here’s what Ms. Williams posted on Bluesky: “In what could be a huge win for CFPB workers, a federal judge said she is likely to issue an injunction against the Consumer Financial Protection Bureau’s new leadership that could prevent the Trump administration […]

What happened at the hearing in NTEU v. CFPB on March 10?

That’s a question I would like more clarity on. According to Bloomberg Law’s Even Weinberger, the hearing will resume Tuesday afternoon. Politico Pro’s Katy O’Donnell has a story, ‘Shoot first and ask questions later?: Court examines tumult at CFPB, (behind paywall) which makes it sound as if Judge Jackson is skeptical of the Trump administration’s claims.

What happened the last time a regulator took a chainsaw–like Musk–to regulation

You know how Musk uses a chainsaw? Well, another regulator who used a chainsaw was James Gilleran of the Office of Thrift Supervision, in 2003. And if you don’t know about the Office of Thrift Supervision, that might be because it doesn’t exist anymore. See this NPR story, which includes a picture of Gilleran and […]

Even Weinberger: The Reality Behind CFPB Contradictions That Raised Judge’s Ire

Here, at Bloomberg Law, and outside of paywall. It turns out that the Trump administration cancelled a contract pretty much required to make the statutorily-mandated complaint database work. Another cancelled contract interfered with making payments under the Civil Penalty Fund. And of course the employees on administrative leave haven’t been working.