Trump administration, Musk’s DOGE plan to fire nearly all CFPB staff and wind down agency, employees say

The Trump-appointed leadership of the Consumer Financial Protection Bureau plans to fire nearly all of its 1,700 employees in three phases, according to employee testimony. Meetings with senior CFPB leaders and Department of Government Efficiency members revealed a plan to cut the workforce in stages, ultimately leaving only a skeleton crew. The agency has already initiated layoffs, halted work, and reversed course on consumer protection cases, leading to legal challenges and suspensions of actions.

Full Article