CFPB Shutdown Fallout: Protests, Lawsuits and Confusion

Also, SEC stock trading database halts collection of investors' personal information; McKernan steps down from FDIC

If there was any lingering doubt about the CFPB’s standing within the Trump administration, Russell Vought dispelled it early this morning. “Employees should stand down from performing any work task,” the OMB chief and acting bureau director wrote in an 8:30 a.m. “all-hands” message. For the agency’s roughly 1,700 staff members, there wasn’t much grey a…