-
2 weeks ago | 
jdsupra.com | Stefanie Jackman |James Kim |Jesse Silverman
The U.S. Court of Appeals for the District of Columbia Circuit issued an order temporarily halting the Consumer Financial Protection Bureau’s (CFPB or Bureau) mass layoffs. The court granted an emergency motion to enforce or clarify its previous order, reinstating the preliminary injunction that prevents the CFPB from executing reductions in force (RIFs). BackgroundAs discussed here, Judge Amy Berman Jackson previously barred the CFPB from terminating employees except for cause.
-
3 weeks ago | 
insidearm.com | Stefanie Jackman
Hans / PixabayOn April 16, 2025, the Consumer Financial Protection Bureau (CFPB or Bureau) released a memo to staff outlining its new supervision and enforcement priorities for 2025. New Priorities for 2025In the April 16 memo, Chief Legal Officer Mark R. Paoletta outlined the CFPB’s new supervision and enforcement priorities.
-
3 weeks ago | 
insidearm.com | Missy Meggison |Stefanie Jackman
On April 11, the CFPB announced it would not “prioritize enforcement or supervision actions” regarding entities who do not meet the registration deadlines under the nonbank registry rule.
-
3 weeks ago | 
jdsupra.com | Stefanie Jackman |James Kim |Jesse Silverman
At an emergency hearing this morning in National Treasury Employees Union v. Vought, Judge Amy Berman Jackson once again halted the layoffs of over 1,000 employees at the Consumer Financial Protection Bureau (CFPB). The judge emphasized the need for a comprehensive record to determine whether the firings complied with the D.C. Circuit’s order from last week (discussed here).
-
3 weeks ago | 
openlegalblogarchive.org | Stefanie Jackman |James Kim |Jesse Silverman |Lori J. Sommerfield |James Kim |Chris Willis
The Consumer Financial Protection Bureau (CFPB or Bureau) is undergoing significant changes as the Trump administration implements sweeping layoffs just days after revising the Bureau’s regulatory priorities. According to reports, approximately 1,400-1,500 employees have received reduction-in-force notices, leaving the CFPB with just over 200 personnel to carry out its regulatory activities.
-
3 weeks ago | 
jdsupra.com | Stefanie Jackman |James Kim |Jesse Silverman
The Consumer Financial Protection Bureau (CFPB or Bureau) is undergoing significant changes as the Trump administration implements sweeping layoffs just days after revising the Bureau’s regulatory priorities. According to reports, approximately 1,400-1,500 employees have received reduction-in-force notices, leaving the CFPB with just over 200 personnel to carry out its regulatory activities.
-
3 weeks ago | 
jdsupra.com | Stefanie Jackman |Jesse Silverman |Lori J. Sommerfield
This week, the Consumer Financial Protection Bureau (CFPB or Bureau) released a memo to staff outlining its new supervision and enforcement priorities for 2025. New Priorities for 2025In this memo, Chief Legal Officer Mark R. Paoletta outlined the CFPB’s new supervision and enforcement priorities. Key points include: Reduction in Supervisory Exams The Bureau will decrease the overall number of supervisory exams by 50% to reduce the cost of running businesses and consumer prices.
-
4 weeks ago | 
insidearm.com | Eric Rosenkoetter |Stefanie Jackman
CORAL SPRINGS, Fla. — Nordis Technologies, a fast-growing leader in omnichannel customer communications management and payments technology solutions, has appointed Christiane Freese-Jones as Vice President of Strategic Product Management. Nordis Technologies recruited this proven leader to oversee key operations that are critical to meeting increasing demand for its solutions and pursuing market expansion. Freese-Jones reports to Chief Operating Officer Nicole Miller.
-
4 weeks ago | 
jdsupra.com | Stefanie Jackman |Jesse Silverman |Lori J. Sommerfield
On April 11, the U.S. Court of Appeals for the District of Columbia Circuit issued an order partially staying the district court’s preliminary injunction in the ongoing legal dispute between the National Treasury Employees Union (NTEU) and the Consumer Financial Protection Bureau (CFPB). This decision marks a significant development in the NTEU’s challenge against Acting Director Russell Vought’s actions, which the union claims are unconstitutional and violate the Dodd-Frank Act.
-
4 weeks ago | 
jdsupra.com | Stefanie Jackman |Jesse Silverman |Lori J. Sommerfield
The Consumer Financial Protection Bureau (CFPB or Bureau) agreed to vacate its controversial credit card late fee rule in a joint motion for entry of consent judgment filed in Chamber of Commerce of the United States of America v. CFPB this week. This significant move comes after the U.S. District Court for the Northern District of Texas found that the rule likely violated the Credit Card Accountability and Disclosure Act (CARD Act).
