US EditionTrump administration, Musk’s DOGE plan to fire nearly all CFPB staff and wind down agency, employees say
- A coalition of 23 attorneys general, led by Phil Weiser, is suing to block the Trump administration's plan to dismantle the Consumer Financial Protection Bureau and terminate most of its staff.
- Documents reveal that the Trump administration aims to disrupt the CFPB's operations, with employees alleging plans to wind down the agency and lay off nearly all of its 1,700 staff members.
- Phil Weiser stated that dismantling the CFPB will harm consumers by preventing enforcement of federal consumer protection laws and detailed the bureau's significant contributions since its creation in 2011.
- The agency was created after the 2008 financial crisis to protect consumers, but its dismantling could expose consumers to predatory financial practices.
35 Articles
35 Articles
How Elon Musk Is Using DOGE to Weaken His Regulators
Elon Musk, the de facto head of Donald Trump’s government, is also the orchestrator of the so-called Department of Government Efficiency (DOGE). But in leading a project to slash government agencies and the federal workforce, Musk is not missing his chance to attack the regulatory agencies that oversee the businesses that have made him the richest man on the planet. Musk — who bought his position of government power by spending roughly $290 m…
Trump Adviser Says Musk Is ‘Here to Stay’
“For six weeks, members of the Trump White House who have grown weary of Elon Musk’s disruptive style have taken solace in the fact that he serves as a temporary government employee, with a 130-day cap,” Politico reports. “But a White House official now says there is no known end date on Musk’s tenure.”
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