CRL Says Court Allowing CFPB Layoffs Will Encourage Financial Misconduct
In response to news reports that the Consumer Financial Protection Bureau will be allowed to continue with its plans to lay off more than 1,000 employees at the watchdog agency following a ruling from the U.S. Court of Appeals for the D.C. Circuit in NTEU v. Vought, Mike Calhoun, president at the Center for Responsible Lending, issued the following statement...