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CFPB headquarters shuts down for COVID-19

The Consumer Finance Protection Bureau has informed employees at its Washington, D.C., and New York offices to work remotely after a contractor tested positive for COVID-19, the bureau announced.

Two CFPB employees in the Washington, D.C., office had exhibited symptoms and were tested for the virus. Employees working in Washington were notified of the first possible case of coronavirus in an email on March 12, according to news reports. Employees were informed of a second potential case the following day.

On Monday, the CFPB informed staffers that one of the contractors had tested positive for the coronavirus. According to the message, the CFPB has implemented a mandatory telework policy for its Washington headquarters and its New York office until March 20. Employees working in regional offices that remain open were encouraged to work remotely.

The shutdown of the CFPB offices came as the White House and the Centers for Disease Control issued new coronavirus guidelines that included telling people to work from home if possible.

The bureau isn’t the only one taking precautionary measures amid the spread of the virus. Some powersports lenders are also preparing to keep operations running as employees begin to work remotely. While neither ThunderRoad Financial or MotoLease have instituted a mandatory work from home policy, both are strategizing and developing methods to service their dealers while working remotely.

On the auction front, Manheim, which runs auctions for automobiles and powersport vehicles, is shuttering its physical auction lanes through April 3 due to the coronavirus outbreak.

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