D.C. Circuit Judges Question Lower Court’s Block on CFPB Workforce Reduction

A panel of judges from the D.C. Circuit recently expressed skepticism regarding restrictions imposed by a lower court that hindered the Trump administration’s plan to significantly reduce the workforce of the Consumer Financial Protection Bureau (CFPB). This panel seemed inclined to support the administration’s argument that it is within its rights to enact substantial staff reductions at the agency. Should the panel decide to lift these restrictions, it could pave the way for mass layoffs at the CFPB. For further reading, the discussion surrounding this case can be explored via Law360.