The Consumer Financial Protection Bureau (CFPB) has announced extensive layoffs, targeting nearly 90% of its workforce as part of a significant restructuring initiated by the Trump administration. As the agency shifts its focus, employees have begun receiving layoff notices, with reports indicating that staff reductions are aimed at streamlining operations. The drastic cuts have raised concerns among consumer advocates, prompting debates about the future of consumer protections in the U.S. An appeals court has allowed the layoffs to proceed but ruled that the agency cannot be entirely dismantled.