President Donald Trump has said it more than once—the Consumer Financial Protection Bureau is no more. Calling it “the ultra-left CFPB,” Trump said he moved to shut down the agency after receiving calls from bankers and loan officers who were “almost crying” over its regulations.
DOGE says the overall contract cancellations are expected to save more than $7 billion so far, an amount that has been questioned.
In a setback for Trump’s anti-DEI purge, a judge said the orders would “likely” be found to violate the First Amendment.
The four largest consulting and accounting firms still let their collective 1.5 million employees work from home at least a couple of days a week.
The retreat from diversity, equity, and inclusion (DEI) initiatives continues to gain momentum, with consulting firms increasingly joining the exodus. The latest to follow suit is consulting giant KPMG,
The plaintiffs argued that the president’s edicts against diversity, equity and inclusion initiatives exceeded his authority and violate their constitutional right to due process.