Republicans have long wanted to kill the CFPB. With Musk and Russell Vought, they may finally have their chance.

The new boss at the Consumer Financial Protection Bureau had a jarring message for staffers Monday morning, in an internal memo leaked to Rolling Stone: “Stand down from performing any work task.” The message came from Russell Vought — a Project 2025 architect who was confirmed by the Senate last week to lead the Office of Management and Budget in the Trump White House.

The CFPB has returned more than $17 billion to Americans — and dozens of its workers were laid off on Tuesday night

The closure of the CFPB, established after the 2008 financial crisis, follows a visit Friday by members of Elon Musk’s U.S. DOGE Service team.

The Consumer Financial Protection Bureau is the latest target of Elon Musk's Department of Government Efficiency.

A judge said in a ruling Friday that the Consumer Financial Protection Bureau could not terminate employees without cause, dealing a blow to President Donald Trump’s efforts to dismantle the agency.

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