Warren Blasts Trump’s ‘Systematic Removal’ of Oversight at CFPB, SEC
- CFPB faces mass layoffs; court temporarily blocks Trump-led termination plans.
- SEC downsizes; 500 staff exit, crypto enforcement actions dropped or deferred.
- Warren warns of risks as DOGE team dismantles financial oversight functions.
Senator Elizabeth Warren has voiced concern over major regulatory cuts under the Trump administration, warning that ongoing staff reductions at major regulatory bodies may increase the risk of unchecked financial misconduct.
Her comments follow a series of restructuring moves involving agencies such as the Consumer Financial Protection Bureau (CFPB) and the Securities and Exchange Commission (SEC), which have seen major reductions in enforcement activity and personnel.
What’s Happening at the CFPB?
On Thursday, the CFPB created following the 2008 financial crisis, became the focus of potential agency-wide staff cuts. According to a legal filing from the union representing its employee…
The post Warren Blasts Trump’s ‘Systematic Removal’ of Oversight at CFPB, SEC appeared first on Coin Edition.
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Warren Blasts Trump’s ‘Systematic Removal’ of Oversight at CFPB, SEC
- CFPB faces mass layoffs; court temporarily blocks Trump-led termination plans.
- SEC downsizes; 500 staff exit, crypto enforcement actions dropped or deferred.
- Warren warns of risks as DOGE team dismantles financial oversight functions.
Senator Elizabeth Warren has voiced concern over major regulatory cuts under the Trump administration, warning that ongoing staff reductions at major regulatory bodies may increase the risk of unchecked financial misconduct.
Her comments follow a series of restructuring moves involving agencies such as the Consumer Financial Protection Bureau (CFPB) and the Securities and Exchange Commission (SEC), which have seen major reductions in enforcement activity and personnel.
What’s Happening at the CFPB?
On Thursday, the CFPB created following the 2008 financial crisis, became the focus of potential agency-wide staff cuts. According to a legal filing from the union representing its employee…
The post Warren Blasts Trump’s ‘Systematic Removal’ of Oversight at CFPB, SEC appeared first on Coin Edition.
Read More
Bitcoin Bulls Battle 90k Resistance Zone Fueled By Trump Tariff Woes