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 ...

Office of Management and Budget Director Russell Vought issued a series of directives to Consumer Financial Protection Bureau employees Saturday night in his new capacity as the bureau's acting ...

Russell Vought took over the Consumer Financial Protection Bureau Friday night, adding another twist at the banking watchdog that has landed in the crosshairs of Republicans and Elon Musk. Vought ...

The Consumer Financial Protection Bureau has proposed reducing supervision of all but the largest nonbanks in four key ...

The budget slated for 2025 for the CFPB was $823 million. Since its creation in 2011, the CFPB has handled millions of consumer complaints and returned $20.7 billion back to consumers.

Sen. Elizabeth Warren, D-Mass., who helped lead the creation of the CFPB, slammed Vought's directives Saturday as "giving big banks and giant corporations the green light to scam families." ...

Russell Vought, an architect of Project 2025 and the current head of the Office of Management and Budget (OMB), is the new acting head of the Consumer Financial Protection Bureau (CFPB), the Wall ...

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 ...

Vought commented, “The CFPB has been a woke & weaponized agency against disfavored industries and individuals for a long time. This must end.” The Senate confirmed Vought on Thursday night.

Vought was an architect of Project 2025. He takes over at the consumer finance watchdog as Elon Musk's representatives gained access to the bureau's systems and accounts, including sensitive data.

Vought also announced in a post to X Saturday night that he notified the Federal Reserve, which handles U.S. monetary policy, that "CFPB will not be taking its next draw of unappropriated funding ...

Vought had instructed employees in a Saturday email to "cease all supervision and examination activity," "cease all stakeholder engagement" and pause all pending investigations, among other orders.