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International Business Times

National

Marvie Basilan

Consumer Watchdog Eyes 90% Workforce Cuts Under Trump-DOGE Federal Government Downsizing: Reports

CFPB Donald Trump Bureau Consumer Financial Protection Bureau Elon Musk Demand Progress

Employees of the CFPB protest outside the Bureau's headquarters in Washington, D.C. Associated Press YouTube Channel | LIVE: CFPB employees protest after Trump administration orders agency to stop work (Credit: Associated Press on YouTube / Screenshot)

KEY POINTS

The agency is expected to be left with only around 200 employees
The CFPB reportedly sent termination emails to workers in a bid to cut some 1,500 employees
Multiple groups have expressed opposition to the layoffs, challenging its legality

Only around 200 employees are expected to remain at the Consumer Financial Protection Bureau (CFPB) amid plans to lay off the majority of its workers as part of U.S. President Donald Trump's government downsizing.

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