13 Articles
13 Articles
US Consumer Watchdog Laying Off Most of Remaining Staff
The Consumer Financial Protection Bureau (CFPB) is laying off most of its remaining staff members. A CFPB spokesperson said on April 17 that the agency is firing about 1,500 people across core divisions, including enforcement and supervision. The reductions, if they become effective, would leave about 200 personnel in place. Emails being sent to employees notified them that officials had “identified [their] position being eliminated and [their] …
90% of the remaining staff at the U.S. consumer financial protection bureau will be laid off
The U.S. Consumer Financial Protection Bureau (CFPB), the agency created to serve as a watchdog for American consumers against predatory business practices, said on Thursday it planned to dismiss as much as 90% of its remaining workforce, resuming mass firings less than a week after a federal court ruling granted the Trump administration leeway in setting staff levels. Multiple agency sources said staff members had begun receiving formal notices…
US consumer watchdog says it will lay off most remaining staff - Hawaii Tribune-Herald
WASHINGTON — The U.S. Consumer Financial Protection Bureau, the agency created to serve as a watchdog for American consumers against predatory business practices, said on Thursday it planned to dismiss as much as 90% of its remaining workforce, resuming mass firings less than a week after a federal court ruling granted the Trump administration leeway in setting staff levels.


US consumer watchdog says it will lay off most remaining staff
By Douglas Gillison and Tim Reid
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