Hundreds of employees at the federal watchdog set up potect to consumers from predatory practices by banks and other financial firms were told not to come to work Monday after the Trump administration ordered the agency to halt its operations. Photo by John Angelillo/UPI | License Photo
Feb. 10 (UPI) — Workers at the federal government’s consumer finance watchdog in Washington were told to stay home Monday after the acting director, newly installed by President Donald Trump, ordered the agency to halt its operations. Around 1,700 staff at the Consumer Financial Protection Bureau received an email Sunday from Chief Operating Officer Adam Martinez informing them that the head office would be closed Monday through Friday, according to reports by The Washington Post, USA Today and CNBC. Advertisement
Russell Vought, acting head of the Federal Reserve agency set up in 2011 in the wake of the financial crisis to protect consumers from predatory lending by banks and other financial firms, had earlier emailed staff instructing them to
Trump administration orders 1,700 Consumer Financial Protection Bureau workers to stay home
