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Wealth Advisor
Wealth Advisor

More Justice for Elizabeth Warren

Trump wins a key victory in the effort to shrink her bureaucratic pride and joy.

Remember that unnecessary and destructive Beltway agency that Elizabeth Warren precisely designed to be unaccountable to Congress? It’s working like a charm, as the Massachusetts senator remains powerless to protect it from a Trump downsizing. A new ruling from a federal appeals court could enable mass layoffs at a bureaucracy that should never have been created in the first place.

Ben Miller reports for Bloomberg:

The Trump administration can proceed with plans to fire most of the Consumer Financial Protection Bureau’s employees after a US appeals court vacated a federal judge’s order halting the moves.

The split decision Friday from the US Court of Appeals for the District of Columbia Circuit would allow the administration to lay off hundreds of employees who regulate banks, fintechs, and other financial companies while the litigation proceeds.

“The district court lacked jurisdiction to consider the claims predicated on loss of employment,” Judge Gregory Katsas wrote for the majority, joined by Judge Neomi Rao.

Additional claims brought against the Trump administration under the Administrative Procedure Act didn’t properly target a final agency action, and plaintiffs also failed to raise adequate constitutional questions to warrant review by the panel, Katsas said.

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