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Record data

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  "cid": "bafyreiedvl6g6q3cujzdhzcryh7feadzuipeic7ayf4nuqeivlm5acy46a",
  "value": {
    "text": "The CFPB supervises U.S. banks with over $10 billion in assets. \n\nCFPB could not have initiated any new exams of these banks b/c “everyone involved in the data pulling & compilation on the data analytics team…received a RIF notice.“\n\nstorage.courtlistener.com/recap/gov.us...",
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          "alt": "\n6. The Supervision Division is responsible for carrying out the CFPB's supervisory\nobligations over non-depository covered institutions and depository institutions and credit unions with over $10,000,000,000 in assets. 12 U.S.C. §§ 5514, 5515. The Bureau is statutorily required to conduct examinations and produce reports on the results. As I explain below, because of the cuts to OSPO staff, the Bureau would not have been able to fulfill its statutory obligations had the\nRIFs not been paused by court order.\n",
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          "alt": "\n18. The employees that would have remained had the RIFs not been paused would not be capable of fulfilling the Bureau's statutorily required duties for supervision. For example, they cannot initiate new examinations because everyone involved in the data pulling and compilation on the data analytics team, which is necessary for the statutorily required risk-based assessment, received a RIF notice. None of the remaining employees in OSPO or OSE have the technical background to do this work.\n",
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    "createdAt": "2025-04-26T10:46:57.813Z"
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}