The former acting director of the CFPB warned that the Trump administration's attempt to terminate 1,483 employees threatens consumer protection. A judge has temporarily paused these layoffs while reviewing the legality of the action, said to violate a previous court order. This dramatic staff reduction would compromise crucial departments, including privacy and cybersecurity. Allegations arise regarding the agency's mission shift that would undercut investigations into essential issues like medical debt and digital payment platforms. The court's decision aims to ensure a thorough assessment before any job eliminations occur.
"The mass reduction in force was 'not going to happen' for now and scheduled an evidentiary hearing for April 28th."
"Documents filed in court indicate that cuts were supposed to eliminate 1,483 of the agency's 1,690 employees, drastically reducing headcount in several departments."
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