Jesse Silverman, counsel in Troutman Pepper Locke’s Consumer Financial Services Practice Group, was quoted in the February 13, 2025 Bloomberg Law article, “CFPB Nixes All Expert Witness Contracts in Enforcement Halt (1).”

“If they were going to continue any litigation, they would’ve examined which cases to continue before eliminating expert witnesses,” said Jesse Silverman, counsel at Troutman Pepper Locke LLP and a former CFPB enforcement attorney.

“The purge of expert witnesses, the firing of provisional employees, and the potential for deep cuts to the agency’s staff in the coming days as part of a broader federal government reduction in force means that enforcement will likely stop altogether—and for some time,” Silverman said.

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