Before the last minutes of the federal judge’s intervention, the Officers of Trump’s administration planned to separate the consumer protection office, until there was nothing left of the agency except the room with “five men and telephone in it,” the current and former employees said.
Their written testimony is contained in the documents submitted on Thursday as part of a lawsuit aimed at stopping mass shootings in a belated office. They offer new detailed details on how insiders say that the administration has planned to decimacy a regulator in charge of the police in the way large banks, mortgage lenders and other companies with financial services treat customers.
They also describe how the key functions by agencies are obliged to be done under Federal Law, such as the management of the consumer complaint portal, they have generally ceased to function thanks to the cancellation of almost all of his external contracts and stopping order issued by the acting director Russell Vought.
Senior Judge Amy Berman Jackson of the US District Court for Columbia County temporarily blocked Trump officials to deviate from CFPB staff two weeks ago in response to the legal challenge of unions representing federal employees, who claimed that the administration planned to effectively eliminate the agency by abolishing 95% of its originally 1,700 labor force, ending their rental and canceling out of contracts.
Trump’s administration is looking for Lift her order And he claimed in the proposal this week that he was just trying to “simplify” CFPB, not completely completely, and that he continued to maintain his lawfully necessary functions.
But according to the reports on Thursday, Trump’s team – with the support of Elon Musk’s Department of Government Efficiency – planned to leave at the Rump version of the CFPB, which existed only in the name.
Chief Operational Director Adam Martinez told employees that the agency was in “Wind Fashion,” states twoof Declarations submitted by anonymous current employees. The older executives explained to the staff “Writing was on the wall” and allegedly “divided that the intention of leadership was to release everything except the five positions required by the Law of Dodd-Frank”, which founded the CFPB.
“One higher executive director said CFPB will become ‘a room in the treasury, a white house or a federal reserves with five men and a phone in it,” the employee was identified as Drew Doe testified.
Trump officials planned to release staff in three stages, according to a submission, starting with recent employees who were on trial or limited mandate. The Doge member of the Doge team named Jordan Winck allegedly ordered the CFPB staff to abolish 1,200 of his workers by February 14th. Most of the remaining employees were to be cleaned 60 to 90 days later.
“Biro intended to adhere to and release the vast majority of the remaining employees on February 14,” writes CFPB staff as Alex Doe. “The only reason he didn’t do this was that the order of this court temporarily banned from doing so.”
People participate in the protest in support of the consumer protection office, February 10, at the CFPB headquarters. (AP Photo/Jacquelyn Martin) ·Associated Press
According to declarations, Trump and Doge officials quickly canceled about $ 200 million in contracts with external officers with external suppliers who provide everything from professional legal testimony to Cyber -Safe. Some of the data that these suppliers have maintained may be permanently lost.
“For many years I have been a contract for more changes, through more changes in the administration,” wrote a contract for a contract identified as Charlie Doe. “In the last few weeks, events are not unlike everything I have ever seen in any agency during any change in the administration (or at any other moment). The contracting instructions did not reflect the change in the direction of politics, but to the wholesale termination of the contracts needed to maintain CFPB. “
Separately, Director of Digital Services CFPB Adam Scott wrote in the declaration That he was told that Vought personally made the decision to delete the CFPB Home Page.
On the Government submission earlier this week, Martinez, Coo, rejected claims That the office effectively tried to empty his own coffers by transferring money to federal reserves. But an employee identified as Blake Doe opposed On Thursday, writing in a statement that he saw “E -mail of February 11, 2025, in which Mr. Martinez stated that Jafan Gueye financial director was communicating with federal reserves on how to return money or to the Federal Reserve or Treasury.”
According to the subtitles, some key functions that CFPB must maintain by law are now at best are only partially functioning thanks to the Voughtt stop order. Consumer complaints portal can only automatically process certain applications, and somewhere around 10,000 complaints is still waiting for a handmade review, according to One statement.
The CFPB -D student loan Ombudsman Post is also empty, and his general Ombudsman, who said the administration officials said he would pick up Slack, was reportedly ordered not to work.
A new hearing in a lawsuit is scheduled for next week. On Friday, 203 Democratic Congress members submitted Amicus short In the case he asked the court to stop Trump’s administration to exclude the CFPB “Fiat”.
Meanwhile, even while most of the CFPB work remains on a break, he rejected many of his extraordinary cases of implementation. After dropping five suits on Thursday, he rejected one more – this time against Credit Rating Transunion Agency – Friday afternoon.
Jordan Weissmann is an older journalist at Yahoo Finance.
