The Financial Horizons
No Result
View All Result
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
  • Latest News
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
  • Latest News
No Result
View All Result
The Financial Horizons
No Result
View All Result
Home Latest News

Appeals court restores hold on Trump admin’s plan to cut government agency by 90%

by
April 29, 2025
in Latest News
0
Appeals court restores hold on Trump admin’s plan to cut government agency by 90%
0
SHARES
7
VIEWS
Share on FacebookShare on Twitter

The U.S. Court of Appeals in Washington, D.C., issued a ruling Monday to restore a lower court’s order barring the Trump administration’s planned mass layoffs at the Consumer Financial Protections Bureau (CFPB).

The court ruled 2-1 to restore an earlier ruling by federal Judge Amy Berman Jackson, an Obama appointee, which temporarily halted the Trump administration’s reductions in force (RIF) at CFPB, which would have cut the agency’s staff by 90 percent.

Before Jackson’s ruling, the agency was slated to carry out a reduction in force of roughly 1,400 employees, which would have left just several hundred in place. 

Following a legal challenge against the reduction filed in the D.C. district court in early February, Jackson issued a preliminary injunction in late March, finding that the plaintiffs would likely succeed on the merits.

The order directed the government to ‘rehire all terminated employees, reinstate all terminated contracts, and refrain from engaging in reductions-in-force or attempting to stop work through any means.’ 

Jackson then ordered another halt to plans earlier this month, shortly after an appeals court narrowed her earlier injunction. Jackson noted that within several days of an appeals order narrowing her initial injunction, CFPB employees were told the agency would do ‘exactly what it was told not to do,’ which was to carry out a RIF. 

Jackson blocked the administration from moving forward with any layoffs or from cutting off employees’ access to computers at the bureau until she had time to hear from the officials in question.

Jackson said she was ‘willing to resolve it quickly,’ but noted that she is ‘deeply concerned, given the scope and scope of action.’

Lawyers with the Justice Department sought to appeal Jackson’s order earlier this year, arguing in a filing that the injunction ‘improperly intrudes on the executive [branch’s] authority’ and goes ‘far beyond what is lawful.’

Jackson is set to hear testimony from officials slated to carry out the RIF procedures on Tuesday. 

This post appeared first on FOX NEWS
Previous Post

Pakistan fears India incursion ‘imminent’ amid heightened tensions following terror attack

Next Post

Canada Elections: Prime Minister Carney’s Liberal Party to lead fourth consecutive government

Next Post
Canada Elections: Prime Minister Carney’s Liberal Party to lead fourth consecutive government

Canada Elections: Prime Minister Carney’s Liberal Party to lead fourth consecutive government

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent News

    Inside longtime Biden aide’s marathon closed-door grilling in House GOP cover-up probe

    Inside longtime Biden aide’s marathon closed-door grilling in House GOP cover-up probe

    July 12, 2025
    David Gergen, trusted White House advisor to 4 US presidents across decades, dies at 83

    David Gergen, trusted White House advisor to 4 US presidents across decades, dies at 83

    July 11, 2025
    Who is Ashley Williams, the longtime Biden aide grilled by House GOP investigators Friday?

    Who is Ashley Williams, the longtime Biden aide grilled by House GOP investigators Friday?

    July 11, 2025
    Jasmine Crockett rips Trump ‘regime,’ vows ‘solidarity’ with Biden witnesses during House probe

    Jasmine Crockett rips Trump ‘regime,’ vows ‘solidarity’ with Biden witnesses during House probe

    July 11, 2025
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: Thefinancialhorizons.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 thefinancialhorizons.com | All Rights Reserved

    No Result
    View All Result
    • Investing
    • Stock
    • Economy
    • Editor’s Pick
    • Latest News

    Disclaimer: Thefinancialhorizons.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 thefinancialhorizons.com | All Rights Reserved