CFPB Headquarters Closed Until February 14 for Remote Work Amid Layoff Concerns Following Elon Musk's 'CFPB RIP' Tweet

The Consumer Financial Protection Bureau (CFPB) has announced that its Washington, D.C. headquarters will be closed until at least February 14, 2025. Staff were informed via email that they are to work remotely during this period. The abrupt closure follows a series of unsettling developments within the agency, including a recent email from the CFPB director instructing employees to suspend nearly all regulatory activities. This decision has raised concerns among staff about potential mass layoffs. The closure comes shortly after Elon Musk tweeted 'CFPB RIP' accompanied by a tombstone emoji, which has been interpreted by some as a signal of impending changes within the agency.