Russell Vought takes helm at CFPB

Russell Vought, CFPB's new acting head, issues directives to halt portions of bureau activity
Trump’s DOGE, an advisory body led by Musk, has zeroed in on some agencies as part of its efforts to slash the size of government. The CFPB was the latest to come into Musk’s crosshairs following DOGE’s efforts to fire staff and stop work at the U.S. Agency for International Development.
Russ Vought, tapped as CFPB's acting director, directs bureau to issue no new rules, stop new investigations
Russell Vought, acting director of the Consumer Financial Protection Bureau, has directed staff to not issue any new rules and to stop any new investigations.
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,
Russell Vought takes the helm at CFPB, orders pause in agency activities
Vought was an architect of Project 2025. He takes over at the consumer finance watchdog as he orders a pause in most of the agency's activities, and promises to cut spending.
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.
'CFPB RIP!' Russell Vought Halts Key Bureau Activities
In an email sent to CFPB employees, Vought confirmed that he had assumed the role of acting head of the bureau. He also announced a series of twelve directives that would take effect right away, signaling a shift in the bureau's operations,

CFPB, Trump

Trump 2nd term live updates: After Musk X post, director brings CFPB to standstill
President Donald Trump has begun his second administration with a series of controversial moves and decisions.
'CFPB RIP': Musk and Trump's plans to shrink an agency that cracks down on medical debt and overdraft fees are underway
Treasury Secretary Scott Bessent called for a halt on most of the CFPB's work. It could impact rules on overdraft fees, ...
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A timeline of what’s happening at the CFPB under Trump
President Trump's shake-up of the CFPB continues. Here's a timeline of everything that's happened at the bureau since Trump's ...
Democrats call stop work order at CFPB ‘illegal’
Democrats are calling on Treasury Secretary Scott Bessent to cancel his stop work order for the Consumer Financial Protection ...
DOGE targets Consumer Financial Protection Bureau as Musk tweets ‘RIP’
Officials from the U.S. DOGE Service worked on site at the CFPB on Friday, raising concerns about the future of the watchdog ...
DOGE Is Now Inside the Consumer Financial Protection Bureau
DOGE staffers will get read-only access to CFPB data, systems, and equipment, according to an internal email reviewed by ...
Vought Moves to Defang CFPB, Telling Staff to Halt All Supervision
President Trump’s newly installed Consumer Financial Protection Bureau chief Russell Vought ordered staff to halt all of ...
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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 ...