President Donald Trump's newly installed chief of the U.S. Consumer Financial Protection Bureau told all of the agency's staff on Monday to stay away from the office and do no work, according to an email reviewed by Reuters.

The decision to shutter the office comes less than 24 hours after Trump's acting CFPB chief suspended all activities.

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.

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.