A federal appeals court panel lifted a lower court’s order Friday that blocked the Trump administration‘s efforts to fire most employees from the Consumer Financial Protection Bureau. A three-judge panel on the U.

The U.S. Court of Appeals for the D.C. Circuit vacated a preliminary injunction that blocked the Trump administration from imposing mass firings at the Consumer Financial Protection Bureau while an underlying challenge to the agency’s alleged shutdown plays out.

The Consumer Financial Protection Bureau is setting an ambitious rulemaking agenda under the Trump administration, including to define its authority over abusive practices by financial companies, even as the agency plans to fire most of its employees.

Once a powerful watchdog for financial wrongdoing, the Consumer Financial Protection Bureau has seen its enforcement efforts grind to a halt under the Trump administration.

(CNN) — A federal judge paused the Trump administration’s efforts to lay off nearly 1,500 of the 1,700 employees at the Consumer Financial Protection Bureau as she considers whether the mass ...