The Consumer Financial Protection Bureau–an agency that oversees financial regulations in the U.S. States–has come to a standstill under the leadership of its new acting head, Russell Vought. Vought issued a series of directives Saturday,

President Donald Trump appointed Russell Vought to head the Consumer Financial Protection Bureau (CFPB). Shortly after, Vought announced that he had notified the Federal Reserve that the CFPB would not take its next draw of unappropriated funding.

Consumer Finance Protection Bureau acting director Russell Vought said the agency will not close. “The predicate to running a ‘more streamlined and efficient bureau’ is that there will continue to

The Department of Government Efficiency has finally breached the Consumer Financial Protection Bureau. A flurry of reporting reveals that DOGE is communicating with staff and “sought access to information technology systems” at the agency and Russell Vought,

Employees testified that CFPB leaders and Elon Musk’s DOGE want to wind down the agency to five employees, the minimum required under law.

It’s taken just a few weeks in office, but the Trump administration’s apparent vision for economic populism is coming into focus: a blueprint for mass layoffs, creeping inflation, and a dissolution of consumer safeguards reviled by many wealthy Republican donors and politicians.

The Consumer Financial Protection Bureau and the city of Baltimore butted heads and faced skeptical questions from a federal judge in Maryland over whether statements from acting Director Russell Vought threatening to zero out the agency’s funding amounted to an unlawful and final agency action.

Sen. Tina Smith (D-Minn.) pressed President Trump’s nominee to lead the Consumer Financial Protection Bureau (CFPB) over who will be making key decisions at the agency Thursday, after it dismissed

Days before President Trump was inaugurated, the Consumer Financial Protection Bureau sued Capital One, accusing it of using deceptive tactics that the bureau said cheated customers out of $2 billion in interest payments on their savings accounts.

The Trump administration denied allegations Monday that it aims to dismantle the Consumer Financial Protection Bureau (CFPB). Government lawyers said in a new court filing that the consumer