Trump Plans to End CFPB Despite Reviving Work, Official Says (1)

March 11, 2025, 7:46 PM UTCUpdated: March 11, 2025, 10:17 PM UTC

A Consumer Financial Protection Bureau official charged with laying off the agency’s staff said the Trump administration pushed to fully shutter the watchdog as recently as last week, even as a court probes whether it can.

The official, testifying under the pseudonym Alex Doe at a hearing Tuesday in the US District Court for the District of Columbia, said the CFPB’s reduction-in-force team held meetings with the Office of Personnel Management as late as March 6 to discuss the process for eliminating the agency. Doe was the leader of the CFPB RIF team.

CFPB Chief Legal Officer Mark Paoletta has ...

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