Acting CFPB Director Halts Most Agency Work and Access to Systems

Politics News

Acting CFPB Director Halts Most Agency Work and Access to Systems
CFPBConsumer ProtectionRussell Vought
  • 📰 AKpublicnews
  • ⏱ Reading Time:
  • 38 sec. here
  • 7 min. at publisher
  • 📊 Quality Score:
  • News: 35%
  • Publisher: 55%

Russell Vought, the acting director of the Consumer Financial Protection Bureau (CFPB), has directed staff to halt most agency work, including investigations and rule enforcement. He also instructed staff to stop accessing internal systems, raising concerns about the security of sensitive consumer data. Vought's actions come after the agency's headquarters was closed and staff were told to work remotely.

Russell Vought , seen on Jan. 22, is now in charge at the United States' consumer finance watchdog. Vought is one of the architects of the conservative policy agenda Project 2025 and was recently confirmed as director of the Office of Management and Budget.Staff and contractors at the Consumer Financial Protection Bureau have been told they cannot"perform any work tasks," according to an internal email obtained by NPR on Monday.

The bureau's staff was informed over the weekend that Vought is now acting director of the CFPB, the United States' consumer protection watchdog. Vought was an architect of theIn a separate email to staff on Saturday night, Vought had directed staff to stop virtually all their work, including the supervision that the agency does to check whether companies are following the law. It also instructed staff to cease any pending investigations.

Musk's representatives have also taken control of the CFPB's website, which now shows an error message on its homepage. The rest of the site appears to be functioning normally. DOGE staffers also took control of the bureau's social media accounts and deleted them.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

AKpublicnews /  🏆 387. in US

CFPB Consumer Protection Russell Vought Government Shutdown Data Security

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Russell Vought takes over as CFPB's acting headRussell Vought takes over as CFPB's acting headKatherine Doyle is a White House reporter for NBC News.
Read more »

Russell Vought, CFPB's new acting head, issues directives to halt portions of bureau activityRussell Vought, CFPB's new acting head, issues directives to halt portions of bureau activityDirector Russell Vought issued a series of directives to CFP Bureau employees Saturday night in his new capacity as the bureau's acting head.
Read more »

Acting CFPB Head Vought Halts Major Bureau OperationsActing CFPB Head Vought Halts Major Bureau OperationsRussell Vought, the Office of Management and Budget director, has taken over as the acting head of the Consumer Financial Protection Bureau (CFPB) and issued directives that effectively halt a significant portion of the bureau's activities. These directives include ceasing all supervision and examination activities, stakeholder engagement, and enforcement actions. Vought has also instructed employees to suspend the effective dates of final rules and not to approve or issue any new rules or guidance. He justified the actions by claiming the CFPB's current funding level is excessive and that it is not 'reasonably necessary' to carry out its duties.
Read more »

OMB Director Vought Halts CFPB Operations, Claiming Bureau Is 'Unaccountable'OMB Director Vought Halts CFPB Operations, Claiming Bureau Is 'Unaccountable'Russell Vought, the director of the Office of Management and Budget, has issued a series of directives that effectively halt the operations of the Consumer Financial Protection Bureau (CFPB). Vought, who is also serving as the acting head of the CFPB, cited concerns about the bureau's 'unaccountability' and its $711.6 million budget surplus as justification for his actions.
Read more »

Trump Appoints Bessent as Acting CFPB Director, Replacing ChopraTrump Appoints Bessent as Acting CFPB Director, Replacing ChopraPresident Trump has chosen Scott Bessent, the newly confirmed Treasury Secretary, as the acting director of the CFPB. This comes after the dismissal of Rohit Chopra, the previous director appointed by former President Biden. Bessent's appointment is expected to be temporary until a permanent replacement is found.
Read more »

Trump Appoints Acting CFPB Director, Halts Agency OperationsTrump Appoints Acting CFPB Director, Halts Agency OperationsPresident Trump appoints Treasury Secretary Scott Bessent as the acting director of the CFPB, immediately halting agency operations. Bessent orders all work on regulations, guidance, investigations, and public communications to cease.
Read more »



Render Time: 2025-02-14 18:14:15