The D.C. Circuit has partially stayed a district court ruling that had blocked CFPB leadership from implementing proposed changes to agency operations. The agency now has greater discretion in managing staff levels while the appeal moves forward on an expedited schedule — so long as it can fulfill its statutory obligations. Our team analyzes the ruling and what implications a reduction in force development would have for the Bureau’s rulemaking, supervision and enforcement priorities. Read more: https://bit.ly/3G7Da7f John Coleman | Amanda Raines Lawrence | Jay Williams #CFPB #AdministrativeLaw #FinancialRegulation #RegulatoryUpdate
