Laurel Wamsley
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Podcast Appearances
headquarters would be closed for the week and that they have to work remotely.
headquarters would be closed for the week and that they have to work remotely.
headquarters would be closed for the week and that they have to work remotely.
Totally. It appears to be the same playbook. I mean, both are independent agencies that this current administration appears to be trying to dismantle. Republicans have targeted the Consumer Protection Agency for years, though. They've often accused its regulators of overreach. And then on Friday, Musk tweeted CFPB RIP.
Totally. It appears to be the same playbook. I mean, both are independent agencies that this current administration appears to be trying to dismantle. Republicans have targeted the Consumer Protection Agency for years, though. They've often accused its regulators of overreach. And then on Friday, Musk tweeted CFPB RIP.
Totally. It appears to be the same playbook. I mean, both are independent agencies that this current administration appears to be trying to dismantle. Republicans have targeted the Consumer Protection Agency for years, though. They've often accused its regulators of overreach. And then on Friday, Musk tweeted CFPB RIP.
Well, staffers are just bracing themselves for whatever comes next. One told me that they went to the D.C. headquarters yesterday just to grab some personal items before the building closed for the week, and they weren't allowed in. And, you know, at USAID, the vast majority of staff were put on administrative leave before a federal judge put a hold on that.
Well, staffers are just bracing themselves for whatever comes next. One told me that they went to the D.C. headquarters yesterday just to grab some personal items before the building closed for the week, and they weren't allowed in. And, you know, at USAID, the vast majority of staff were put on administrative leave before a federal judge put a hold on that.
Well, staffers are just bracing themselves for whatever comes next. One told me that they went to the D.C. headquarters yesterday just to grab some personal items before the building closed for the week, and they weren't allowed in. And, you know, at USAID, the vast majority of staff were put on administrative leave before a federal judge put a hold on that.
And last night, CFPB's union filed a lawsuit against Vote, the agency's new head. In terms of that funding being slashed at CFPB, we actually saw the same thing happen during Trump's first term. But then later on, they went back to taking the money. And the thing is that if this whole thing is being done for government efficiency, CFPB isn't really where you'd start.
And last night, CFPB's union filed a lawsuit against Vote, the agency's new head. In terms of that funding being slashed at CFPB, we actually saw the same thing happen during Trump's first term. But then later on, they went back to taking the money. And the thing is that if this whole thing is being done for government efficiency, CFPB isn't really where you'd start.
And last night, CFPB's union filed a lawsuit against Vote, the agency's new head. In terms of that funding being slashed at CFPB, we actually saw the same thing happen during Trump's first term. But then later on, they went back to taking the money. And the thing is that if this whole thing is being done for government efficiency, CFPB isn't really where you'd start.
It has a relatively small budget. And since its launch in 2011, it's delivered more than $20 billion back to Americans.
It has a relatively small budget. And since its launch in 2011, it's delivered more than $20 billion back to Americans.
It has a relatively small budget. And since its launch in 2011, it's delivered more than $20 billion back to Americans.
You're welcome.
You're welcome.
You're welcome.
CFPB staff were told of the closure in an email obtained by NPR. No reason was given for the building's closure. Representatives of Elon Musk's government efficiency team were seen at the headquarters on Friday, according to the CFPB union. Musk's team has been granted access to key systems, stirring concerns about the fate of vast amounts of sensitive information maintained by the bureau.
CFPB staff were told of the closure in an email obtained by NPR. No reason was given for the building's closure. Representatives of Elon Musk's government efficiency team were seen at the headquarters on Friday, according to the CFPB union. Musk's team has been granted access to key systems, stirring concerns about the fate of vast amounts of sensitive information maintained by the bureau.