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 -ppointed Leadership Plans to Fire Nearly All Its 1,700 Employees While “Winding Down” The Agency, According to Testimony from Employes.

In a trove of Statements Released Late Thursday, Federal Employees Said That The Mass Layoff Was Discussed In Meetings ATEEN MONTENDED DENTENDED 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 vast majority of cfpb employees as quickly as poses

Doe said the plan from CFPB leaders and dog was to cut the bureau’s workforce in three phases. It would first eliminate probationary And Term Employees, then Carry Out a Wave of About 1,200 Layoffs, Lending a Skeleton Crew of a Few Hundred Workers.

“Finally, The Bureau would ‘Reduce Altogeether’ Within 60-90 Days by Terminating Most of Its Remining Staff,” Doe Said.

The worker’s testimony come at a crucial time for the CFPB, The Agency Created to Protect Consulates after the 2008 Financial Crisis Cusponsible Lending. Since Dog Operatives First Arrived at the CFPB This month, The bureau has shutted its washington headquarters, initiated the first found of Layoffs, Told that those who remain to stop Nearly all work,

The filings were made in the case Started by CFPB’s Union that Suspended Acting CFPB Director’s Russell Vught’s Moves to Shutter The Bureau. After CFPB Fired About 200 Probationary and Term Employees, Vught’s Actions Were Put on Hold Until a March 3 hearing.

The Trump Administration’s Plan was to take the CFPB Down to the Barest Minimum Staffing Rector Law: Five CFPB Employees Bold Remain, Eite in a Standalone Office or FOLOLEDED Inteed In A Standalone Office or Folded Innothe Body, the Workers Testified.

In meetings between Feb. 18 and Feb. 25, “Staff Were Told by Senior Executives that CFPB would be eliminated except for the five statutorily mandated positions,” Said Another CFPB Empolye, this one Identified as derews.

“One Senior Executive said that CFPB will become a ‘Room at Treasury, White House, or Federal Reserve With Five Men and A Phone in it,'” Doe Said.

The Employees said that, if directed to by the court, they would provide their names and titles under Seal.

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