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.

Trump fired the CFPB’s Biden-era leader earlier this week, putting in place Treasury Secretary Scott Bessent, who froze the agency’s work.

Trump’s newly confirmed budget director told CFPB staff in an email he was their new acting director, according to two people familiar with the move.

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, an architect of Project 2025 and the current head of the Office of Management and Budget (OMB), is the new acting head of the Consumer Financial Protection Bureau (CFPB), the Wall Street Journal reported late Friday night.

Newly-confirmed Office of Management and Budget Director Russell Vought, a key architect of Project 2025, has been charged with overseeing an agency Republicans have vowed to eliminate, according to a Wall Street Journal report.