US bank regulator lays out plans for 20% staff reduction, emails says

CFPB defends analysis behind 90% job cuts

A 200-person workforce would allow the bureau to fulfill statutory obligations “and better aligns with the new leadership’s priorities and management philosophy,” attorneys for the agency said.

US Bank Regulator Lays Out Plans for 20% Staff Reduction, Emails Says

FDIC Plans to Lay Off 20% of Staff

FDIC Plans to Lay Off 20% of Staff

US bank regulator lays out plans for 20% staff reduction, emails says

A top U.S. bank regulator told staff on Monday that it plans to cut its workforce by roughly 20% as part of the Trump administration's broader efforts to cull the federal workforce.

Trump Administration appeals ruling that blocked CFPB firings

The Trump Administration has appealed an order by a federal District Court Judge blocking the CFPB from firing 1483 employees effective in June 2025 and cutting off their access to CFPB work systems on April 18, 2025. Judge Amy Berman Jackson of the U.S. District Court for the District of Columbia last week barred the CFPB from dramatically reducing its staffing, saying she is concerned that CFPB officials are ignoring her earlier order, as modi…