The Trump administration can proceed with its dismantling of the Consumer Financial Protection Bureau, a federal appeals court ruled on Friday, allowing the agency to move forward with widespread layoffs expected to impact virtually its entire workforce.

The Trump administration plans to cut the financial watchdog agency from a workforce of about 1,700 employees to approximately 200 employees.

In a 2-1 decision, Trump appointees ruled that the alleged sweeping directive to close the agency couldn't be reviewed by the courts.