A federal appeals court blocked the Trump administration from cutting most CFPB staff, halting plans to reduce the consumer watchdog agency from 1,750

The Justice Department, which previously tried to cut up to 90% of employees, had argued that it should be permitted to carry out its new plan immediately.

A federal appeals court blocked the Trump administration from cutting most CFPB staff, halting plans to reduce the consumer watchdog agency from 1,750

The D.C. Circuit blocked the Trump administration from cutting CFPB staff by two-thirds. Here's what it means for fintech, crypto, and consumer finance.