Statement by Senator Warren on President Trump Firing Almost All CFPB Staff

Following the reporting that President Trump's Acting Director of the Consumer Financial Protection Bureau (CFPB) Russell Vought sent reduction in force layoff notices to almost all CFPB staff, United States Senator Elizabeth Warren (D-Mass.), Ranking Member of the Senate Banking, Housing and Urban Affairs Committee, released the following statement:

“President Trump just gutted almost all CFPB staff, so the agency can’t do its job of helping Americans who get scammed by big banks and giant corporations. Dismantling the CFPB in the face of a court order blocking an illegal shutdown is yet another assault on consumers and our democracy by this lawless Administration, and we will fight back with everything we've got.”

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