University of Cincinnati
09/04/2026 | Press release | Distributed by Public on 09/04/2026 17:25
UC Law professor discusses labor dispute involving the Consumer Financial Protection Bureau
UC Law professor discusses labor dispute involving the Consumer Financial Protection Bureau
2 minute read September 4, 2026 Share on Facebook Share on Twitter Share on LinkedIn Share on Reddit Print Story Like
Anne Lofaso, a professor at the University of Cincinnati College of Law and former attorney for the National Labor Relations Board, spoke with Bloomberg Law about a labor dispute involving the Consumer Financial Protection Bureau and the union representing most of its employees.
The two sides are in arbitration over whether former acting Director Russell Vought had the authority to unilaterally change employee pay and benefits by canceling a 2024 compensation agreement. That agreement included planned salary increases, bonuses, and CFPB-specific dental and vision coverage, reports Bloomberg Law.
The union is seeking to require the CFPB to honor the agreement and restore lost compensation and benefits. An arbitrator heard the dispute on July 22, and a decision would be binding, though it could still be appealed, according to Bloomberg Law.
A central legal question is whether CFPB leadership can cancel a negotiated compensation agreement on its own or whether such changes must be bargained with the union, Lofaso explained.
"There are conflicting provisions in the law," she told Bloomberg News.
Read the full Bloomberg News story online.
Featured top image from iStock.
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