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The Guardian - US

World

Michael Sainato

Workers at top US consumer watchdog sound warning as Trump bids to gut agency

Donald Trump CFPB Jonathan McKernan United States Consumer Financial Protection Bureau Russell Vought Russ Vought the White House

Illustration in front of yellow background — The CFPB was created after the 2008 financial crisis to protect American consumers. Composite: The Guardian/Getty Images

Donald Trump’s bid to gut the top US consumer watchdog has left the agency unable to protect consumers amid mounting fears of recession, according to workers.

For months the Trump administration has pushed to dismantle the Consumer Financial Protection Bureau and fire the vast majority of its workforce. Ripped-off Americans will have “nowhere to turn” if it succeeds, staff told the Guardian.

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