Trump Plan to Shut Down CFPB, Fire 1,700 Employees, Raises Concerns
The Consumer Financial Protection Bureau’s (CFPB) leadership plans to fire nearly all its 1,700 employees and “wind down” the agency under President Trump. The plan was discussed in meetings between senior CFPB leaders and members of Elon Musk’s so-called Department of Government Efficiency. According to testimony from current CFPB employees, the mass layoff would be … Read more