Politico2d
Vought cuts off CFPB funding, saying it’s not necessary to run the agency
Russell Vought, the acting head of the Consumer Financial Protection Bureau, is halting the flow of new funding to the agency and shutting down its headquarters, the latest threat to the CFPB’s ...
HousingWire2d
Vought shuts down most of the CFPB’s functions, cuts off funding, closes HQ
The CFPB is funded through the Federal Reserve system, not through Congress, and Vought has cut off that funding, posting this message on his X account Saturday night: “Pursuant to the Consumer ...
The Hill2d
Vought seeks to halt actions at CFPB
Office of Management and Budget Director Russell Vought is quickly seeking to crack down on the activities of the Consumer Financial Protection Bureau (CFPB), preventing it from drawing down more ...
The New York Times3d
Russell Vought Orders Consumer Protection Bureau’s Headquarters Closed for a Week
Consumer Financial Protection Bureau: Less than 36 hours after Trump appointed Russell Vought as the consumer bureau’s acting director, he shut its operations, throwing the agency into chaos.
PBS2d
Vought orders CFPB to stop investigations and suspend new rules from taking effect
Russell Vought, the newly installed director of the Office of Management and Budget, directed the CFPB in a Saturday night email confirmed by The Associated Press to stop work on proposed rules ...