DOGE wants to lay off the ‘vast majority’ of CFPB workers, employees say

is a senior policy reporter at The Verge, covering the intersection of Silicon Valley and Capitol Hill. She spent 5 years covering tech policy at CNBC, writing about antitrust, privacy, and content moderation reform. The Department of Government Efficiency (DOGE) is planning to fire the “vast majority” of employees at the Consumer Financial Protection Bureau (CFPB), agency employees — some using pseudonyms for fear of retaliation — told a federal court in sworn declarations. Seven current and five former CFPB employees submitted the declarations as part of the National Treasury Employees Union case against Office of Management and Budget director Russell Vought, who’s currently serving as the acting director of the CFPB. The union is seeking to halt the already in-progress dismantling of the financial services watchdog, which fields thousands of consumer complaints each week about financial products, and as of 2023, had returned $17.5 billion to consumers over 12 years through things ... Read full article.