CFPB leaders and Elon Musk Doge planned to fire nearly all crew
Elon Musk, National Harbor, USA, USA, 2025, 2025 in 2025, a chain center (CPAC) during the Conservative Political Activity Conference (CPAC).
Nathan Howard | Reuters
This Consumer Financial Protection BureauTrump-designated leadership, according to the testimony of employees, plans to “lower the agency”, to “lower 1,500 employees.”
One whetwork The statements of the statements announced on Thursday, the mass development of federal workers this month has been discussed in the meetings of CFPB leaders and members in this month Elon muskThe department of the so-called Government Efficiency.
“My team was directed to help the vast majority of CFPB employees to cancel the vast majority as soon as possible,” said an employee Alex Doe was identified as a pseudonym used in fear of revenge.
Doe, CFPB leaders and Dogin’s plan to cut the office in three stages, he said. He would first eliminate test And the term workers then perform a wave of about 1 hundred employees, leaving a skeletal crew.
“Finally, the bureau will be completely decreased in 60-90 days by eliminating the majority of the remaining employees,” he said.
Employees’ statement is an important time for CFPB, agency, consumers were created to protect after the financial crisis caused by irresponsible loans in 2008. Because the Doge operates came to CFPB for the first time, the Bureau closed the Washington headquarters, launched the first round of the withdrawal and stated About everything.
Several cases, the department has already received financial firms, several cancellations of the course Capital Tearing customers, To give up at least four Thursday with billions of dollars with the loss of the alleged consumer.
Documents containing employees’ statements were made character A judge, who was postponed by a judge, which began by a CFPB Union, stopped his actions to close Russell’s bureau. After the CFPB fired about 200 tests and term workers, the agency’s actions took the March 3 meeting.
‘Five men and a phone’
DOCUMENTS show a clear distinguishes between Volta and the activity behind scenes between some foreign messaging.
One action Claimed on Monday pushed Against the idea that the CFPB planned to eliminate.
“Predicate to use ‘a more relevant and effective bureau’, will continue to be a CFPB,” he said.
However, the Plan of the Trump Administration will remain at least five employees or an independent office, which is up to the nearest minimum employees required under the law, or participate in another regulatory body, he said.
At the meetings on February 18 and February 25, “Employees’ PFPbi was informed that another five statistical positions,” he said.
“A large executor, CFPB’s treasure, white house or a room with a federal reserve, and there will become a room of a phone, ‘” Doe.
Another CFPB employee, February 13, February 13, Adam Martinez, said the agency was “wind-down”.
CFPB employees will show their names and headings in court.
Doge role
The Bureau has long been the target of the Republican and financial institutions, called a naughty agency in the companies that punish him. Recently, the musk took the reason; Posted on the X platform “Rip cfpb“At the beginning of this month, his doge operatives began to work.
Several cases, the certificate, large CFPB staff, the casualties appeared to be postponed for critical issues.
For example, Doge worker Jordan Wick “Specialized” escorted Ad Hoc Group asked for a large era with a large era.
“Bureau intended to follow and fire the vast majority of employees on February 14th“Alex Doe said. The only reason it does not do this is due to the order of this court. “
In other cases, the DOGE employees asked CFPB staff, a statement of CFPB employee Matthew PFAFF, while complying with legal requirements such as consumer reaction.
Despite the full access to CFPB systems and data on February 7, Doge employees have not yet received cyberspace and privacy education, and did not receive the training.
Legal requirements
Although the musk and the wagon is an obvious lawyer for the cancellation of the CFPB, only Congress, MPs may be the agency established after 2010 Dodd-Frank Aktadan.
Wagon movements, claiming that CFPB still exists, allows you to try the role of CFPB, which allows you to claim complaints and control complaints.
CFPB employees ask a handful of employees to meet with the Internet and telephone lines of the agency, and the agency, which protects against dozens of legal requirements for military veterans and elderly citizens.
Thursday, Jonathan McKernan, President Donald TrumpOption to capture in CFPB for fan, tell Including MPs Elizabeth WarrenMassachusetts said Democrats will implement laws on the creation of the agency, the cfpb mission of “full and faithfully”.
McKernan added that if confirmed by the Senate, the CFPB will make “refresh” and “liability” and “the right”.
The head of the Management and Budget Department, the head of the management body, the headquarters of the agency’s headquarters, Sinci, D.-Ri, McKernana said that McKernana was “in a very difficult situation.”
“You don’t seem to support many presidents or omin support and feel this sinking when you go to Liverpool In the Titanic“Reed said.” Good luck. “
