Republicans have long wanted to kill the CFPB. With Musk and Russell Vought, they may finally have their chance.
The Consumer Financial Protection Bureau–an agency that oversees financial regulations in the U.S. States–has come to a standstill under the leadership of its new acting head, Russell Vought. Vought issued a series of directives Saturday,
President Donald Trump’s administration has shuttered the headquarters of the Consumer Financial Protection Bureau (CFPB) and ordered the watchdog agency to stop nearly all of its work. On Saturday, CFPB chief Russell Vought sent the directive to the agency’s staff,
After the Trump administration issued a stop-work order, the Consumer Financial Protection Bureau established a tipline for the public to report, not on corporate violations, but on any
Two senior officials at the Consumer Financial Protection Bureau are out of a job days after Russell Vought took over as interim director of the agency and ordered all work sto
The directors of supervision and enforcement at the Consumer Financial Protection Bureau stepped down, citing the stop work orders issued by Russell Vought, the agency's new acting director.
President Donald Trump appointed Russell Vought to head the Consumer Financial Protection Bureau (CFPB). Shortly after, Vought announced that he had notified the Federal Reserve that the CFPB would not take its next draw of unappropriated funding.
President Trump nominated Jonathan McKernan to be the next director of the Consumer Financial Protection Bureau (CFPB). If confirmed by the Senate, McKernan would replace Russell Vought, who President Trump designated as acting director of the CFPB on Feb.
The directors of supervision and enforcement at the Consumer Financial Protection Bureau stepped down, citing the stop work orders issued by Russell Vought, the agency's new acting director.
Fox News mentioned key consumer protection measures from the Consumer Financial Protection Bureau only once in its scant coverage of the bureau since Russell Vought, an architect of Project 2025, took over as acting director on February 7 and began gutting agency functions.
The Consumer Financial Protection Bureau, the so-called cop on the beat protecting Americans from financial abuse, is now under strict orders to do nothing. “Please do not perform any work tasks,” Russell Vought,
Here’s some background on the scope of the CFPB’s activities and how the agency’s tenuous status might affect consumers: What does the CFPB regulate? The Consumer Financial