tradingkey.logo

In split decision, federal appeals court removes barrier to mass firings at CFPB

ReutersAug 15, 2025 3:22 PM

- A divided federal appeals court on Friday cleared the way for President Donald Trump to resume mass firings at the U.S. Consumer Financial Protection Bureau, finding that a lower court had lacked jurisdiction in blocking this, court records showed.

"We hold that the district court lacked jurisdiction to consider the claims predicated on loss of employment, which must proceed through the specialized-review scheme" under laws governing the civil service, the majority wrote.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.
Tradingkey

Related Articles

Tradingkey
KeyAI