CFPB, DOGE and Elon Musk

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.
CFPB leaders and Musk's DOGE plan to fire nearly all staff and wind down agency, employees say
Employees testified that CFPB leaders and Elon Musk’s DOGE want to wind down the agency to five employees, the minimum required under law.
DOGE wants to lay off the ‘vast majority’ of CFPB workers, employees say
Seven current and five former CFPB employees submitted the declarations as part of the National Treasury Employees Union case against Office of Management and Budget director Russ
Employee testimony hints at potential CFPB 1700 layoffs by Trump’s administration and Musk’s DOGE
Federal employees from the Consumer Financial Protection Bureau (CFPB) have raised concerns that the bureau’s Trump-appointed leadership and Elon Musk’s Department of Government Efficiency (DOGE) intend to execute massive layoffs.
CFPB employees say Trump administration plans to ‘wind down’ agency
Several employees at the Consumer Financial Protection Bureau (CFPB) said in a series of court filings Thursday that the Trump administration plans to “wind down” the agency, appearing to directly

CFPB drops lawsuit against Capital 1

Philadelphia man among fired CFPB employees worries for consumers if agency shuttered
Nick Hand, who is among dozens of fired CFPB workers, worries that if it stays that way, scammers and price gougers will gain ...
Consumers need the CFPB. Remember the Great Recession?
The once-fierce watchdog is dropping consumer cases against companies and processing far fewer complaints.
Why this fired CFPB employee worries for consumers if agency shuttered
Nick Hand, who is among dozens of fired CFPB workers, worries that if it stays that way, scammers and price gougers will gain ...
CFPB Data Imperiled by Cybersecurity Contract Cancellation, Ex-Official Says
The cancellation of nearly three-dozen cybersecurity contracts at the US Consumer Financial Protection Bureau endangers the ...
ConsumerAffairs12h
Lawmakers move to overturn CFPB’s overdraft rule
Republican lawmakers have introduced resolutions to nullify the Consumer Financial Protection Bureau (CFPB)’s overdraft rule, ...
NY joins over 20 other states to argue against shuttering CFPB
"Working families need the CFPB, especially as rising prices are making it hard to make ends meet and put food on the table." ...
CFPB drops slew of cases including against Capital One for allegedly cheating customers
The dismissals occurred while Trump’s nominee to head the CFPB, Jonathan McKernan, was on Capitol Hill testifying before the Senate in a confirmation hearing.
ConsumerAffairs12h
States must step up as fate of consumer watchdog CFPB remains in doubt
The future of the Consumer Financial Protection Bureau, the independent agency charged with for enhancing consumer ...
Thousands of consumer complaints unanswered after Trump CFPB purge, Dems say
Thousands of complaints submitted by Americans to the Consumer Financial Protection Bureau alleging fraud or scams from ...