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A comment on CFPB's 1,700 employees told to "not perform any work". Parent comment

Re:CFPB's 1,700 employees told to "not perform any work" by slt2021 on Tuesday February 11, 2025 @12:54AM (#43009427)
bureau's budget is $700 mln of which $420 mln is salaries for 1700 employees which ~ 250k/head, which is bigger than the salary of the Speaker of the House.

The reasons for dismantling are numerous, but mainly:

  1. Waste (all budget is basically salaries for overpaid bureacrats)
  2. Lack of oversight due to unusual appropriation scheme
  3. Scope creep from the original mandate - bureacrats keep reinventing new things to expand their influence
1. https://files.consumerfinance.gov/f/documents/cfpb_performan...
[ Parent | on HN ]
Re:CFPB's 1,700 employees told to "not perform any work" by alphabettsy on Tuesday February 11, 2025 @01:36AM (#43009693)
Where did you get the salary figure and headcount? Neither seem to be correct.
[ Parent | on HN ]
Re:CFPB's 1,700 employees told to "not perform any work" by slt2021 on Tuesday February 11, 2025 @01:38AM (#43009702)
budget from the attached report, headcount from the title of post, you can ask chatgpt also
[ Parent | on HN ]
Re:CFPB's 1,700 employees told to "not perform any work" by unsnap_biceps on Tuesday February 11, 2025 @01:59AM (#43009816)
That budget amount seems to include benefit costs as well, healthcare, pension payments, etc.

Fortunately payroll is public data! We can look at their pay bands and employee salaries.

https://www.consumerfinance.gov/about-us/careers/pay-scales/

And data around who made what

> In 2023 the Consumer Financial Protection Bureau (CFPB) reported 1,282 employees making more than $100,000 per year; the average salary was $134,723. The highest reported pay for the federal agency was $259,500 for Janis Pappalardo, Miscellaneous Administration and Program. The Consumer Financial Protection Bureau (CFPB) in 2023 ranked 32nd in the nation among highest paying federal agencies and 43rd in the nation for overall highest paying employers.

https://openpayrolls.com/rank/highest-paid-employees/consume...

You may still think they're overpaid, but they're vastly under the 250k per head you estimated.

[ Parent | on HN ]
Re:CFPB's 1,700 employees told to "not perform any work" by slt2021 on Tuesday February 11, 2025 @02:10AM (#43009883)
benefits, healthcare, pension - all are part of the labor cost, as in if you fire a person - you no longer carry these costs, and if you hire more people => you will have to carry increased benefits expenses.

I am not interested in detailed paychecks, as I am not evaluating efficiency of individual employees. Just the department's efficiency in general, thats why it makes sense to divide totals as this is what taxpayer is paying in the end

[ Parent | on HN ]
Re:CFPB's 1,700 employees told to "not perform any work" by unsnap_biceps on Tuesday February 11, 2025 @02:44AM (#43010102)
You are talking specifically about salaries in your comparisons. Apples to apples means you should also only talk about salaries for the CFPB.

> which ~ 250k/head, which is bigger than the salary of the Speaker of the House.

> 250k average pay is unheard of in the federal government

As the data I linked, their salary amounts is on the lower end of federal agencies. I get you don't think they're worth the cost, but you can't claim they're radically overpaid compared to other federal agencies. The data just does not back up that claim.

[ Parent | on HN ]
Re:CFPB's 1,700 employees told to "not perform any work" by slt2021 on Tuesday February 11, 2025 @03:28AM (#43010375)
its not "on the lower end". From https://openpayrolls.com/federal/consumer-financial-protecti...:

  The average employee salary for the Consumer Financial Protection Bureau (CFPB) in 2023 was $134,723. This is 87.8 percent higher than the national average for government employees and 74.7 percent higher than other federal agencies.
top quartile of the pay bracket.

ok maybe they are not all overpaid, but the agency is over bloated for its mission and what could be accomplished with the resources they are using

[ Parent | on HN ]
Re:CFPB's 1,700 employees told to "not perform any work" by ulfw on Tuesday February 11, 2025 @01:02AM (#43009473)
The brainwashing of you Americans is a sight to behold for any sane person living outside.

" 1. Waste (all budget is basically salaries for overpaid bureacrats)"

Bureaucrats are all just overpaid waste in your anarchist world view?

[ Parent | on HN ]
Re:CFPB's 1,700 employees told to "not perform any work" by slt2021 on Tuesday February 11, 2025 @01:07AM (#43009507)
250k average pay is unheard of in the federal government, plus it is unconstitutional to have CFPB outside the congressional appropriations process.

Its basically illegal from the Constitutional point of view.

Plus the agency really has not delivered enough to justify its existence and its spend

[ Parent | on HN ]
Re:CFPB's 1,700 employees told to "not perform any work" by Brian_K_White on Tuesday February 11, 2025 @02:28AM (#43009982)
Interesting, considering they are not making anywhere near 250. doo de doo... How exactly are you measuring "delivered", "enough", and "justify"? I guess you just feel it like that 250k.
[ Parent | on HN ]
Re:CFPB's 1,700 employees told to "not perform any work" by slt2021 on Tuesday February 11, 2025 @02:32AM (#43010015)
Feels good to sit at the other side of the "performance evaluation" process for once... and for your own government!

just inject this directly into my veins

[ Parent | on HN ]
Re:CFPB's 1,700 employees told to "not perform any work" by ulfw on Tuesday February 11, 2025 @02:11AM (#43009895)
Oh yes "legality" has been at the forefront of what this new government does. Are you their spokesperson btw? You seem to believe it all.
[ Parent | on HN ]
Re:CFPB's 1,700 employees told to "not perform any work" by slt2021 on Tuesday February 11, 2025 @02:18AM (#43009934)
if what they are doing is illegal, it seems like a slam dunk for their opposition to sue them and win a huge fat settlement $$$.

why is this not happening?

[ Parent | on HN ]
Re:CFPB's 1,700 employees told to "not perform any work" by dialup_sounds on Tuesday February 11, 2025 @06:28AM (#43011595)
https://www.forbes.com/sites/alisondurkee/2025/02/11/here-ar...
[ Parent | on HN ]
Re:CFPB's 1,700 employees told to "not perform any work" by pentel-0_5 on Tuesday February 11, 2025 @07:37AM (#43012081)
This is, unfortunately, the predominant worldview of billionaire-cuckholded libertarians who drank the manufacturing of consent by mass media Wall St. Kool-Aid. I was once amongst their ranks when I didn't know anything between the ages of about 14 and 19. Libertarianism began as a manufactured political ideology grasping at straws from Ayn Rand with the backing of the Kochs to facilitate the weakening of government.
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Re:CFPB's 1,700 employees told to "not perform any work" by seattle_spring on Wednesday February 12, 2025 @05:05PM (#43030241)
Hey, no need to paint us all with the same brush. If you look closely at these threads, you'll notice it's the same 2 or 3 people ardently defending Musk's actions-- in some cases commenting more than 50 times on a single post.
[ Parent | on HN ]