Trump’s CFPB Plans to Request More Funding Ahead of April Cliff
The Consumer Financial Protection Bureau plans to request more money to keep operating past March 31, a Justice Department lawyer told a federal judge who was skeptical of the Trump administration’s ...
JD Supra
Senate sends Levenbach nomination to be CFPB Director back to president, allowing Vought to serve longer as Acting Director
On January 3, 2026, the Senate sent the nomination of Stuart Levenbach to be CFPB Director back to the President—a move that would allow Russell Vought to remain acting head of the bureau through ...
Trump’s CFPB Must Continue Requesting Fed Funds, Court Rules
The Consumer Financial Protection Bureau must continue to seek funding from the Federal Reserve after a federal judge determined the Trump administration was engaged in a “transparent attempt” to shut ...
JD Supra
Senator Warren Presses CFPB Acting Director Over Credit Card Fees and Agency Retrenchment
Senator Elizabeth Warren has sent a sharply worded letter to CFPB Acting Director Russell Vought that crystallizes an unusual moment in consumer financial services regulation: a populist-sounding call ...
American Banker
Judges seem inclined to allow CFPB RIFs — if there's a plan
Russell Vought, director of the Office of Management and Budget and acting director of the Consumer Financial Protection Bureau. Federal appeals court judges hinted at a potential solution to the ...