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28-02-2025, 10:51 PM
The Consumer Financial Protection Bureau’s Trump-appointed leadership plans to fire nearly all its 1,700 employees while “winding down” the agency, according to testimony from employees.
In a trove of statements released late Thursday, federal employees said that the mass layoff was discussed in meetings they attended this month with senior CFPB leaders and members of Elon Musk’s so-called Department of Government Efficiency.
The filings were made in the case started by CFPB’s union that suspended acting CFPB Director’s Russell Vought’s moves to shutter the bureau.
In a trove of statements released late Thursday, federal employees said that the mass layoff was discussed in meetings they attended this month with senior CFPB leaders and members of Elon Musk’s so-called Department of Government Efficiency.
The filings were made in the case started by CFPB’s union that suspended acting CFPB Director’s Russell Vought’s moves to shutter the bureau.
