Published On: Fri, Feb 28th, 2025

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



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.

“My team was directed to assist with terminating the…



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