Trump admin to cut 90 percent of CFPB in latest layoffs: Reports

Trump to eliminate 90% of Consumer Financial Protection Bureau roles - Conservative Journal Review

President Donald Trump is looking to eliminate the positions occupied by the overwhelming majority of staff at the Consumer Financial Protection Bureau (CFPB).  Fox Business reports that Trump will be firing about 1,500 CFBP employees, which is about 90% of the agency's staff. Termination notices, in fact, are already being handed out. The move is facing pushback, but it remains to be seen whether the pushback will get anywhere. The Trump admini…

Consumer Financial Protection Bureau faces layoffs under Trump

President Donald Trump has turned his sights on the Consumer Financial Protection Bureau (CFPB). Employees at the Consumer Financial Protection Bureau have reportedly begun receiving layoff notices, the latest attempt by the Trump Administration to shrink the bureau and reduce the scope of its work. “This RIF action is necessary to restructure the Bureau’s operations to better reflect the agency’s priorities and mission,” read one of the notices…

'Victory for scammers': Trump fires 90% of Consumer Protection Agency staff

U.S. President Donald Trump's administration on Thursday dealt what advocates fear could be a fatal blow to the Consumer Financial Protection Bureau by moving to fire 90% of its workforce, gutting an agency that has returned tens of billions of dollars to Americans defrauded by corporate abusers.Wit...

DOGE is slashing 90% of a federal agency designed to prevent another financial crisis

The CFPB terminated thousands of employees this week.J. David Ake/Getty ImagesThe Consumer Financial Protection Bureau terminated 90% of its staff.A copy of a terminated notice reviewed by BI said employees will lose access to work systems on Friday night.It's Trump's latest move to gut a federal agency created to prevent another financial crisis.President Donald Trump is moving forward with his promise to slash a top federal consumer watchdog.T…

'Victory for Scammers' as Trump Fires 90% of Consumer Protection Agency Staff

"This is another assault on consumers and our democracy by Trump's lawless administration," said Sen. Elizabeth Warren. "We will fight back with everything we've got."

US Consumer Watchdog Laying Off Most of Remaining Staff

The Consumer Financial Protection Bureau (CFPB) is laying off most of its remaining staff members. A CFPB spokesperson said on April 17 that the agency is firing about 1,500 people across core divisions, including enforcement and supervision. The reductions, if they become effective, would leave about 200 personnel in place. Emails being sent to employees notified them that officials had “identified [their] position being eliminated and [their] …