The CFPB was on the brink of shutdown. Here’s what a judge’s temporary stay means for borrowers and consumers. - MarketWatch
1. A judge's ruling protects the Consumer Financial Protection Bureau's operations. 2. CFPB must ensure consumer hotlines and databases remain operational. 3. The ruling allows rehires, including for student-loan support. 4. Americans face rising debt and need stronger financial safeguards. 5. CFPB has previously dropped lawsuits against major institutions, including COF.