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US Senator Warren decries reports CFPB is laying off almost all staff

( April 17, 2025, 23:38 GMT | Official Statement) -- MLex summary: US Senator Elizabeth Warren, the top Democrat on the Senate Banking Committee, decried reports that President Donald Trump's acting US Consumer Financial Protection Bureau director sent reduction-in-force layoff notices to almost all staff. "The agency can’t do its job of helping Americans who get scammed by big banks and giant corporations," she said. A federal court has temporarily blocked the administration from dismantling the CFPB while she reviews the merits of the case.Document follows:...

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