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 ...
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 ...
WASHINGTON - The Senate on Thursday confirmed Russell Vought, a key architect of Project 2025, to lead the White House Office of Management and Budget. Vought, 48, was confirmed by a vote of 53-47.
Also late Saturday, Vought said in a social media post that the CFPB would not withdraw its next round of funding from the Federal Reserve, adding that its current reserves of $711.6 million is ...
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.
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 ...
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