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CFPB, Russell Vought and Musk
New CFPB chief closes headquarters, tells all staff they must not do 'any work tasks'
The edict comes as Russell Vought takes over at the Consumer Financial Protection Bureau. Vought has ordered work to halt at the consumer finance watchdog and is cutting off new funding.
Vought Tells CFPB to Do Nothing While Headquarters Is Closed (1)
Consumer Financial Protection Bureau employees were ordered to do no work while the agency’s Washington headquarters is closed.
Vought takes helm at CFPB after Musk incursion
Trump’s newly confirmed budget director told CFPB staff in an email he was their new acting director, according to two people familiar with the move.
Russell Vought takes over as CFPB's acting head
Office of Management and Budget Director Russell Vought has taken on the role of acting head of the Consumer Financial Protection Bureau, according to an OMB spokesperson and a source familiar with the situation.
OMB head Russell Vought takes over as CFPB as acting head, DOGE team deletes X account
Russell Vought took over as acting director of the Consumer Financial Protection Bureau on Friday night and officials from Elon Musk’s Department of Government Efficiency deleted the banking watchdog’s X account,
CFPB’s Funding Gets Cut Off After Russell Vought Takes Over Consumer Protection Agency
T he Consumer Financial Protection Bureau will not receive its next scheduled tranche of federal funding, new acting director Russell Vought said Saturday night—after r
Musk, DOGE descend on consumer bureau
Inside Trump and Musk’s War on the Consumer Financial Protection Bureau
The new boss at the Consumer Financial Protection Bureau had a jarring message for staffers Monday morning, in an internal memo leaked to Rolling Stone: “Stand down from performing any work task.” The message came from Russell Vought — a Project 2025 architect who was confirmed by the Senate last week to lead the Office of Management and Budget in the Trump White House.
Consumer protection agency neutralized by Trump's new chief
Elon Musk's efficiency department has access to computer systems at an agency that would likely regulate one of his pending ventures and its competitors.
‘We’re about to get annihilated’: Musk, DOGE descend on consumer bureau
The Trump administration is moving rapidly to gut the Consumer Financial Protection Bureau (CFPB), halting the agency’s work, cutting off its funding and shutting down its headquarters. The push is not unlike the effort launched in the early years of President Trump’s first term to defang the agency,
14h
on MSN
As Musk, Trump administration target CFPB, Democrats defend consumer watchdog's impact
The Consumer Financial Protection Bureau, an independent agency formed in the wake of the 2008 financial crisis to safeguard ...
23h
on MSN
The CFPB tells its workers to 'not perform any work tasks' this week while it shuts down its DC headquarters
CFPB employees must "get approval in writing" to do any work this week, acting director Russell Vought wrote in an email.
2d
on MSN
Russell Vought takes over at CFPB as Musk's DOGE gains access
President Donald Trump's newly installed management and budget director Russell Vought took control of the U.S. Consumer ...
17h
on MSN
These federal workers fear ‘blackmail’ in wake of DOGE access to their personal info
There are “no known security constraints and zero oversight” preventing Elon Musk’s callow crew from obtaining and ...
ConsumerAffairs
1d
Consumer watchdog CFPB gets a new boss, who promptly shuts it down
The Consumer Financial Protection Bureau got a new director on Friday, Russell Vought. He was named by President Trump as ...
14h
on MSN
Dismantling the CFPB would turn the consumer finance world into the 'wild, wild west,' its former director says
Richard Cordray, the first director of the CFPB, told BI that Elon Musk's call to dismantle the agency is a 'direct conflict ...
2d
Vought Expands CFPB Work Freeze, Cancels Next Fed Funding Draw
Consumer Financial Protection Bureau acting Director Russell Vought expanded a pause on the agency’s operations to include ...
devdiscourse
2d
CFPB in Turmoil: Elon Musk's Challenging Move Sparks Protests
Workers at the U.S. Consumer Finance Protection Bureau protested against actions by Elon Musk, expressing concerns over ...
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