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Preliminary Injunctions Enforcement Actions Financial Regulatory Reform

Ballard Spahr LLP

Judge Jackson schedules hearing for 11:00 AM today regarding mass layoffs at the CFPB

Ballard Spahr LLP on

It was reported last night that the CFPB had laid off about 90% of its staff. This came on the heels of the CFPB providing each of its employees with its 2025 Supervisory and Enforcement Priorities which calls for a much...more

Cozen O'Connor

Democratic AGs Cheer Federal Court’s Halt of CFPB Dismantling

Cozen O'Connor on

A U.S. District Court has granted a preliminary injunction in National Treasury Employees Union v. Vought preventing the CFPB’s Acting Director from taking further steps to dismantle the agency....more

McGlinchey Stafford

Dismantling the CFPB Officially on Hold and Other Bureau Updates

McGlinchey Stafford on

In a lengthy decision that highlighted the CFPB’s very public efforts to dismantle the CFPB from within, the District Court for the District of Columbia granted a motion for preliminary injunction designed to preserve the...more

Troutman Pepper Locke

Texas Federal Court Orders CFPB to File Status Report Following Leadership Change

Troutman Pepper Locke on

Today, the U.S. District Court for the Northern District of Texas issued an order in Chamber of Commerce of the United States of America v. Consumer Financial Protection Bureau (CFPB or Bureau) in light of recent changes...more

Ballard Spahr LLP

Unlawful funding argument raised in challenge to final CFPB rule

Ballard Spahr LLP on

We have previously blogged about how targets of CFPB enforcement actions have asserted that the actions must be dismissed because the investigations were conducted and the lawsuits were brought and are being prosecuted with...more

Troutman Pepper Locke

Opportunity Financial Scores Big Win in CA DFPI’s “True Lender” Lawsuit

Troutman Pepper Locke on

A California state court recently denied a preliminary injunction sought by the California Department of Financial Protection and Innovation (the DFPI) in its long-running litigation against Opportunity Financial (OppFi)...more

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