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CFPB official tells judge he’s still not sure if agency will shut down

Published on: 2025-06-22 21:05:28

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. “Big time” confusion has wracked the Consumer Financial Protection Bureau (CFPB) staff since last month, the agency’s chief operating officer, Adam Martinez, testified before a federal judge in Washington, DC, on Monday. Martinez’s testimony — which will continue on Tuesday afternoon — is meant to address questions around what’s happening at the financial regulation agency, before a judge decides whether to grant a preliminary injunction to preserve agency data, funds, and staff. It clarified points of disagreement between Martinez and other CFPB staffers, who said in sworn declarations to the court that the agency has become far less operational than Martinez has portrayed, particularly since the Department of Government Efficiency (DOGE) got involved — with some functi ... Read full article.