Trump admin eyes over 10,000 federal job cuts amid shutdown, CNBC reports

The Trump administration is preparing to cut more than 10,000 federal jobs during the ongoing government shutdown, White House budget director Russell Vought said.

CNBC with the info.

Vought said the goal is to “shutter the bureaucracy,” targeting agencies and programs viewed as unnecessary. Layoff notices, known as reduction-in-force (RIF) letters, have already been sent to thousands of government employees, with more expected.

Vought also said he intends to shut down the Consumer Financial Protection Bureau within “two or three months,” arguing the agency has been politically weaponized. Other potential targets include Department of Energy climate programs, environmental justice efforts at the EPA, and the Commerce Department’s Minority Business Development Agency.

Shortly after his comments, a federal judge issued a temporary restraining order halting the layoffs, ruling the actions violated federal law. The shutdown, now entering its third week, has left federal employees unpaid, while President Trump ordered continued pay for active-duty military through remaining Defense Department funds.

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The plan to slash federal jobs underscores Trump’s aggressive cost-cutting stance, heightening political uncertainty and risking slower government services. Markets may interpret the move as both fiscally deflationary and politically destabilizing.

This article was written by Eamonn Sheridan at investinglive.com.