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CFPB to Close Office
New CFPB chief closes headquarters, tells all staff they must not do 'any work tasks'
The edict comes as Russell Vought takes over at the Consumer Financial Protection Bureau. Vought has ordered work to halt at the consumer finance watchdog and is cutting off new funding.
The CFPB tells its workers to 'not perform any work tasks' this week while it shuts down its DC headquarters
CFPB employees must "get approval in writing" to do any work this week, acting director Russell Vought wrote in an email.
CFPB to Close Office After Vought Tells Staff to Halt All Supervision
The acting director is closing the financial regulator’s headquarters and has ordered staff to halt all supervisory efforts.
White House targets CFPB
Federal employee union sues Vought over CFPB order to stop working
A union representing thousands of federal employees filed two lawsuits against Office of Management and Budget Director Russell Vought for his shuttering of the Consumer Financial Protection Bureau. Vought is the acting director of the CFPB.
CFPB’s Union Sues Russell Vought, Alleging Campaign to ‘Purge’ Agency’s Workforce
A union representing staff at the Consumer Financial Protection Bureau has sued the agency's Acting Director Russell Vought, after he took steps this weekend that appear aimed at shuttering or downsizing the agency.
White House targets CFPB as union sues over work stoppage
The financial watchdog agency was formed after the 2008 crisis. The Trump administration has told staffers not to take any actions — or even come into the office.
23h
Trump Vs. CFPB: Russ Vought Orders Consumer Financial Protection Bureau To Stop Work
Feb. 9 The National Treasury Employees Union, which represents CFPB employees, sued Vought, asking a judge to stop him from ...
1d
Russell Vought, CFPB's new acting head, issues directives to halt parts 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 ...
1d
36 Hours After Russell Vought Took Over Consumer Bureau, He Shut Its Operations
The agency had been one of Wall Street’s most feared regulators, with the power to issue rules on mortgages, credit cards, ...
14h
on MSN
As Musk, Trump administration target CFPB, Democrats defend consumer watchdog's impact
The Consumer Financial Protection Bureau, an independent agency formed in the wake of the 2008 financial crisis to safeguard ...
1d
Union sues Russell Vought over DOGE access to CFPB and attempts to shutter bureau
A union filed two lawsuits against the Consumer Financial Protection Bureau's acting director, Russell Vought, on Sunday ...
1d
on MSN
CFPB’s X Account Goes Dark As Russell Vought Takes Over, Elon Musk Posts ‘CFPB RIP’
The Consumer Financial Protection Bureau’s X account appears to have gone offline after new acting director Russell Vought ...
1d
on MSN
New Acting CFPB Chief Halts Investigations and Enforcements, Forgoes Some Federal Funding
Key Takeaways Russell Vought took over as CFPB's acting chief last weekIssuing a dozen directives Saturday, Vought asked CFPB ...
1d
on MSN
Trump 2nd term live updates: After Musk X post, director brings CFPB to standstill
Trump called for the agency, which provides billions of dollars in international humanitarian assistance, to be closed ...
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