What's really happening at the CFPB?

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Fri, Feb 28, 2025, 12:43 PM

Consumer Financial Protection Bureau (CFPB) employees have filed a court claim alleging that the Department of Government Efficiency (DOGE), led by tech billionaire Elon Musk, is planning to implement three phases of layoffs at the agency. According to the filing, the agency intends to reduce its workforce within a 60–90 day timeframe.

Wealth host Brad Smith examines the CFPB's ongoing employment situation and discusses the agency's recent decision to drop lawsuits against several technology industry leaders.

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This post was written by Angel Smith