Trump administration ends lease for consumer protection bureau's headquarters, records show

[babylonsister]

Yea, don't mind us peons.

https://www.reuters.com/legal/litigation/trump-administration-ends-lease-consumer-protection-bureaus-headquarters-records-2026-04-15/

Trump administration ends lease for consumer protection bureau's headquarters, records show
By Douglas Gillison
April 15, 20266:05 AM EDTUpdated 24 mins ago

Summary

Ownership of Consumer Financial Protection Bureau HQ shifting from bank regulator to real estate management agency, records show

Raises further questions about Trump administration's plans for agency

CFPB first asked to terminate the lease early last year, records show

WASHINGTON, April 15 (Reuters) - The U.S. Treasury's bank regulation agency has terminated the lease for the Consumer Financial Protection Bureau's Washington headquarters after 14 years and ‌agreed to pass the premises to the federal government's general real estate management agency, records obtained by Reuters show.

The move, which ends the lease at least six years early, raises further questions about President Donald Trump’s plans for the CFPB, an agency created by Congress after the 2008 financial crash to police consumer financial products.

Trump has called for it ​to be abolished and, according to evidence submitted in court, his administration initially aimed to shutter the agency. But following litigation brought by ​staff, the administration is now seeking court approval to cut the agency's workforce to a third of its previous size ⁠of about 1,700.

snip//

Located opposite the White House complex, the agency's 1974 modern architecture offices have story-height windows and occupy a desirable downtown spot in the capital, with more than 300,000 square ​feet, over 200 parking spaces and an accessible rooftop, according to the leasing documents.