CFPB leader and Elon Musk Doge Planten to release almost all employees

The leadership of the Financial Protection Bureau consumer plans to relieve almost all 1,700 employees, as they “handle” the agency, as can be seen from the employees.

In an abundance of statements published late Thursday, the federal assistant said that the mass settlement was discussed in the meetings in which they took part in high-ranking CFPB leaders and members of Elon Musk’s so-called Ministry of Government Efficiency.

“My team was instructed to end the vast majority of CFPB employees as soon as possible,” said an employee who was identified as Alex Doe, a pseudonym that was used for fear of retaliation.

Doe said the plan of CFPB leaders and Doge was to shorten the office of the office in three phases. It would first remove the probation and conceptual worker and then carry out a wave of around 1,200 layoffs and leave a skeletal team of some hundred workers.

“After all, the office would” reduce “as a whole within 60 to 90 days by ending most of its remaining employees,” said Doe.

Employees are testified at a crucial time for CFPB. Since the first arrival of Doge employees this month has arrived at CFPB, the office has closed its headquarters in Washington, initiated the first round of discharge and ends almost all work.

The submissions were made in the case started by a CFPB union, in which the deputy director Russell Voughs was hired by the office. After the CFPB released around 200 trial and term employees, the agency’s measures were put on hold by March 3.

The documents show an obvious separation between some external messages from voughts and the activity behind the scenes in the office.

In an application submitted on Monday in the case, vougt was against the idea of ​​eliminating the CFPB.

“The predicate for the execution of an ‘optimized and more efficient office’ is that there will continue to be a CFPB,” he wrote.

However, the Trump administration’s plan was to bring the CFPB on the at least the legally prescribed minimum staff: only five CFPB employees would remain, either in an independent office or in another regulatory authority, the workers testified.

In the meetings between February 18 and February 25, the employees were informed by leaders that the CFPB would be removed with the exception of the five legally required positions, “said another current CFPB employee who was identified as Drew Doe.

“A senior employee said that CFPB with five men and a phone will be a room in the Ministry of Finance, in the White House or in the Federal Reserve,” said Doe.

The employees said that if they were instructed by the court, they would state their names and titles under Seal.

This story develops. Please check for updates.