Trump administration, Musk's DOGE plan to fire nearly all CFPB staff and wind down agency, employees say
Source: CNBC
Published Fri, Feb 28 2025 9:31 AM EST Updated 7 Min Ago
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 vast majority of CFPB employees as quickly as possible,” said an employee identified as Alex Doe, a pseudonym used out of fear of retaliation.
Doe said the plan from CFPB leaders and DOGE 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, leaving a skeleton crew of a few hundred workers. “Finally, the Bureau would ‘reduce altogether’ within 60-90 days by terminating most of its remaining staff,” Doe said.
The filings were made in the case started by CFPB’s union that suspended acting CFPB Director’s Russell Vought’s moves to shutter the bureau. After CFPB fired about 200 probationary and term employees, the agency’s actions were put on hold until a March 3 hearing.
Read more: https://www.cnbc.com/2025/02/28/cfpb-leaders-and-elon-musk-doge-planned-to-fire-nearly-all-staff.html
Link to lawsuit employee DECLARATIONS SUMMARY (PDF) - https://storage.courtlistener.com/recap/gov.uscourts.dcd.277287/gov.uscourts.dcd.277287.38.1.pdf
Link to DECLARATIONS LIST (with PDFs) - https://www.courtlistener.com/docket/69624423/national-treasury-employees-union-v-vought/#entry-38
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