Laurel Malmsley
👤 PersonAppearances Over Time
Podcast Appearances
Hey there, Scott.
Hey there, Scott.
Hey there, Scott.
Well, there's been a lot of layoffs this week. That's part of Trump's plan to massively reduce the federal workforce. At CFPB, some 150 employees lost their jobs. That's about 9% of the staff. Those cuts were largely folks who'd been at the Bureau for less than four years. One of the employees who lost her job this week was Johanna Hickman, who was an attorney in the Bureau's Enforcement Division.
Well, there's been a lot of layoffs this week. That's part of Trump's plan to massively reduce the federal workforce. At CFPB, some 150 employees lost their jobs. That's about 9% of the staff. Those cuts were largely folks who'd been at the Bureau for less than four years. One of the employees who lost her job this week was Johanna Hickman, who was an attorney in the Bureau's Enforcement Division.
Well, there's been a lot of layoffs this week. That's part of Trump's plan to massively reduce the federal workforce. At CFPB, some 150 employees lost their jobs. That's about 9% of the staff. Those cuts were largely folks who'd been at the Bureau for less than four years. One of the employees who lost her job this week was Johanna Hickman, who was an attorney in the Bureau's Enforcement Division.
She received her termination notice at 9 p.m. on Tuesday. And because her work email had already been turned off, it came to her personal email.
She received her termination notice at 9 p.m. on Tuesday. And because her work email had already been turned off, it came to her personal email.
She received her termination notice at 9 p.m. on Tuesday. And because her work email had already been turned off, it came to her personal email.
And right now, essentially all of CFPB's work has been halted. Employees have been locked out of the building and told they can't do any work. And Elon Musk's team, meanwhile, has been given access to the building and to its systems.
And right now, essentially all of CFPB's work has been halted. Employees have been locked out of the building and told they can't do any work. And Elon Musk's team, meanwhile, has been given access to the building and to its systems.
And right now, essentially all of CFPB's work has been halted. Employees have been locked out of the building and told they can't do any work. And Elon Musk's team, meanwhile, has been given access to the building and to its systems.
Well, staff are bracing for even further cuts. According to a legal complaint by CFPB's union, they're expecting that perhaps 95 percent of all employees could be fired. A reporter asked President Trump on Monday whether his goal was to have CFPB totally eliminated, and Trump said yes.
Well, staff are bracing for even further cuts. According to a legal complaint by CFPB's union, they're expecting that perhaps 95 percent of all employees could be fired. A reporter asked President Trump on Monday whether his goal was to have CFPB totally eliminated, and Trump said yes.
Well, staff are bracing for even further cuts. According to a legal complaint by CFPB's union, they're expecting that perhaps 95 percent of all employees could be fired. A reporter asked President Trump on Monday whether his goal was to have CFPB totally eliminated, and Trump said yes.
But for now, a federal judge ruled yesterday that they can't conduct layoffs at CFPB at least through March 3rd when a hearing is scheduled, and they can't delete any agency data either.
But for now, a federal judge ruled yesterday that they can't conduct layoffs at CFPB at least through March 3rd when a hearing is scheduled, and they can't delete any agency data either.
But for now, a federal judge ruled yesterday that they can't conduct layoffs at CFPB at least through March 3rd when a hearing is scheduled, and they can't delete any agency data either.
That's right. That's when millions of Americans lost their homes due to lax lending standards, and it brought the global economy tumbling with it. The Dodd-Frank Act established the Bureau to prevent such a disaster from happening again.
That's right. That's when millions of Americans lost their homes due to lax lending standards, and it brought the global economy tumbling with it. The Dodd-Frank Act established the Bureau to prevent such a disaster from happening again.