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Judge Puts Temporary Hold on CFPB Plan to Lay Off Most Employees

  • A federal judge blocked the Trump Administration's plan to lay off 90% of the staff of the Consumer Financial Protection Bureau (CFPB).
  • Judge Amy Berman Jackson ordered the CFPB to conduct a 'particularized assessment' before conducting any reduction in force (RIF).
  • The judge also put a hold on the CFPB's plan to cut off employees' computer access.
  • A follow-up hearing is scheduled for April 28.

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