Vought cuts off CFPB funding, saying it’s not necessary to run the agency “This spigot, long contributing to CFPB's unaccountability, is now being turned off,” he wrote on X Saturday evening.

Vought blamed the staff’s protests for the rationale behind closing the office. “Those protests involve large and disruptive ...

Vought's announcement about the CFPB's funding was expected and is similar to what happened in 2018 in the first Trump administration when acting CFPB Director Mick Mulvaney requested "zero" funding ...

Politics Russ Vought, tapped as CFPB's acting director, directs bureau to issue no new rules, stop new investigations 'I am committed to implementing the President's policies, consistent with the ...

A nne Romatowski noticed a small, soft something in the flesh below her collarbone just before Christmas. She wasn’t ...

NEW YORK (AP) — Senate Republicans have moved to cut the funding of the Consumer Financial Protection Bureau by roughly half, ...

Vought posted on X on Saturday night that he “notified the Federal Reserve that CFPB will not be taking its next draw of unappropriated funding because it is not ‘reasonably necessary’ to ...

The Consumer Financial Protection Bureau and banks seeking to overturn a Biden-era open banking rule are misreading a law empowering consumers to authorize access to their deposit and credit card data ...

Bankrupt student loan borrowers subjected to illegal debt collection efforts were long able to rely on the Consumer Financial ...

The new directive from the CFPB's acting director, Russell Vought, on Monday comes after the agency closed the bureau's Washington headquarters for the week and told staff to work remotely.

Vought ordered the heads of eight CFPB offices — including enforcement, supervision, research and legal — to review past guidance documents in the next two weeks and to flag only those that conform to ...

Russell Vought, the acting head of the Consumer Financial Protection Bureau, is halting the flow of new funding to the agency, the latest threat to the CFPB’s survival. In a post on X Saturday ...