The U.S. Consumer Financial Protection Bureau's Washington headquarters will be closed for the coming week, according to a Sunday internal email seen by Reuters, the latest escalation in the Trump administration's efforts to neutralize the government watchdog created after the 2008 financial crash.

President Trump’s newly installed Consumer Financial Protection Bureau chief Russell Vought is closing the bureau’s headquarters and has ordered staff to halt all of their supervisory efforts, ramping up the administration’s attempt to revoke the financial regulator’s authority.

President Trump’s newly appointed Consumer Financial Protection Bureau chief has ordered the closure of the agency’s headquarters and directed staff to halt all supervisory activities. Chief Russell Vought instructed CFPB employees to cease all supervision and examination activity.