Mass Firing at CFPB: Dozens of "Term Employees" Terminated

Under the Trump administration, the Consumer Financial Protection Bureau (CFPB) has initiated a wave of terminations that extend beyond probationary staff.

On February 13, dozens of "term employees" received termination notices, according to sources and copies of letters obtained by Reuters. These full-time contract workers had end dates specified in their agreements.

The terminations were ordered by Adam Martinez, acting chief human capital officer at the CFPB, who cited President Trump's executive order. Affected employees were given three years' notice, with their terminations effective February 13, 2025.

The memos advised employees of their right to seek recourse if they believed their firings violated discrimination laws or resulted from whistleblower activities.

This latest round of firings follows the termination of approximately 70 probationary staff members on Tuesday. The CFPB, established in 2010, has been a target of conservative criticism and industry opposition.

In response to the terminations, acting director Russell Vought ordered a halt to all supervision and examination activities within the agency.