A federal judge agreed with widespread security concerns surrounding Elon Musk’s cost-cutting team’s access to Treasury payment an ...
In the email, Vought said the regulator — which oversees banks, payment firms and other financial institutions — should cease all supervision activity. The CFPB has dedicated examination teams ...
At the time, Vought proposed billions of dollars in cuts to Medicaid and other reductions for the Education Department, Interior Department and U.S. Agency for International Development ...
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 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 ...
Former OMB officials, including from other administrations, said the clunky move seemed unlike Vought, who is known as a strategic, in-the-weeds thinker and who they expect to build a more ...
Vought became OMB director in 2020. | Evan Vucci/AP Former OMB officials, including from other administrations, said the clunky move seemed unlike Vought, who is known as a strategic, in-the-weeds ...
Office of Management and Budget director Russell Vought is now also the acting director ... contractors and other CFPB personnel "unless expressly approved by the Acting Director or required ...
among other reductions. In a statement after the vote Thursday, Senate Budget Chairman Lindsey Graham, R-S.C., called Vought “highly qualified,” having served in the same capacity during the ...
WASHINGTON – Russell Vought, the acting director of the Consumer ... all employees, contractors and other personnel of the bureau shall … cease all supervision and examination activity." ...
“He is far and away the most dangerous to the American people,” said Senate Minority Leader Chuck Schumer (D-N.Y.) about Vought in comparison to other nominees. “He is the most important ...