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CFPB workers receive layoff notices in new bid to shutter agency

Trump administration already cut $100M in vendor contracts

Bloomberg NewsbyBloomberg News
April 18, 2025
in Banking
Reading Time: 2 mins read
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The Consumer Financial Protection Bureau issued another round of termination notices to staff on Thursday, the latest effort to dismantle a regulatory agency that has long been a target of Republicans. “This RIF action is necessary to restructure the Bureau’s operations to better reflect the agency’s priorities and mission,” Acting CFPB Director Russ Vought said […]

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