The Trump administration is directing federal agencies to prepare for mass layoffs of their workers, according to the heads of the White House budget office and Office of Personnel Management. Budget Director Russell Vought and acting OPM Director Charles Ezell said in the memo to the heads of departments and agencies the they will have to submit the first phase of plans for reorganization plans by March 13,

The Consumer Financial Protection Bureau, a longtime target of the Republican Party that has undergone a significant shakeup in recent weeks, will continue operating, the Trump administration says. After Trump replaced its director with Russell Vought — director of the White House budget office and an author of Project 2025 — work at the CFPB was frozen.

White House budget director, Russell Vought, who is also the acting director of the CFPB, instructed CFPB employees to stop investigating and processing consumer issues and to suspend any rules that were finalized,

The Trump administration directed federal agencies on Wednesday to prepare for mass layoffs, according to the heads of the White House budget and personnel management offices. Budget Director Russell Vought and Charles Ezell,

A court filing and letter from acting director Russell Vought claims the White House will not shut down the bureau, citing the nomination of a new director.

The moves were spearheaded by powerful Trump ally Elon Musk, a CFPB critic, and Russell Vought, who heads the White House’s Office of Management and Budget. The events put the future of the CFPB in doubt.

It’s taken just a few weeks in office, but the Trump administration’s apparent vision for economic populism is coming into focus: a blueprint for mass layoffs, creeping inflation, and a dissolution of consumer safeguards reviled by many wealthy Republican donors and politicians.

The move, on a suit that had accused the bank of tricking customers, was one of several dismissals ordered by Trump officials who are dismantling the agency.

The Trump administration’s demand that federal agencies plan to radically downsize is driven by a key figure in the conservative movement who has long planned this move.

Federal officials circulated a memo asking agency leaders to plan even more job reductions after thousands of federal workers were fired in recent weeks.

The RIFs directive from the White House is the latest step the Trump administration has taken to reduce the size of the federal workforce.

President Donald Trump's administration says federal agencies should begin planning to eliminate employee positions. The process is known as a reduction in force.