Project 2025 co-author shuts down operations at Consumer Financial Protection Bureau

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Project 2025 co-author shuts down operations at Consumer Financial Protection Bureau
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The U.S. Agency for International Development finds itself in the crosshairs of the Trump administration’s desire to shrink the federal government. Alex Wagner talks to USAID employee and speechwriter Kristina Drye about what it has been like for federal employees caught in the center of the storm.

The Consumer Financial Protection Bureau probably isn’t the most well-known federal agency, but it’s one of the best examples of progressive governance in the 21st century. From taking on banks to the student loan industry, payday lenders to mortgage companies, the bureau — an idea first championed by Democratic Sen. Elizabeth Warren of Massachusetts — has championed Americans’ interests since its inception.

The bureau’s workforce has been told to stop its efforts and suspend any and all investigations on behalf of consumers. Employees have been told that the agency’s headquarters in the nation’s capital will be closed this week. In case that was too subtle, Vought also announced that the CFPB will not be spending the money that’s already been allocated to the agency. It came the day after Elon Musk published a message to his social media platform on Friday that read, “CFPB RIP.

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