Trump admin to cut 90 percent of CFPB in latest layoffs: Reports

Apr 18, 2025 - 00:01
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Trump admin to cut 90 percent of CFPB in latest layoffs: Reports
President Trump’s administration is cutting nearly 90 percent of the Consumer Financial Protection Bureau’s (CFPB) employees in a push to significantly downsize the watchdog agency formed to shield U.S. consumers from financial fraud and abuse.  Around 1,500 of the agency’s workers are scheduled to be cut, multiple outlets reported Thursday. That would leave some 200…

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