CFPB orders nationwide staff to relocate to Washington
The Consumer Financial Protection Bureau will reassign roughly 450 employees from regional offices to its Washington headquarters later this year. This move ends remote work arrangements and follows a period of significant staff reductions as the administration seeks to minimize the agency.
Xurve View
Xurve View
The Consumer Financial Protection Bureau will reassign 450 regional staff to its Washington headquarters later this year. The CFPB has already lost 33% of its 1,700-person workforce since the administration called for its abolition last year. Investors face a shifting regulatory landscape as the administration moves to minimize the consumer financial watchdog.
