Government-Downsizing

Under Trump, consumer watchdog to slash industry supervision

| Importance: 9/10

The Consumer Financial Protection Bureau (CFPB) underwent a massive restructuring under the Trump administration, with approximately 90% of its workforce (1,482 employees) laid off, reducing staff to around 200. A federal appeals court ruled in favor of these workforce reductions, despite challenges …

Donald Trump Elon Musk Russell Vought National Treasury Employees Union Mark Paoletta +2 more media-control regulatory-capture government-downsizing financial-oversight legal-challenges
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