Congress created the CFPB in 2008 to protect consumers against unlawful business practices, but Vought on Feb. 10 ordered all employees to stop working.

The Consumer Financial Protection Bureau (CFPB) was ordered to be resurrected by Judge Amy Berman Jackson, who sided with the CFPB employee union that launched its complaint against acting director ...

All of those breakthroughs, of course, happened before Donald Trump took office and appointed his right-wing budget director, Russell Vought, to oversee the CFPB.

Baltimore and the nonprofit Economic Action Maryland Fund, formerly the Maryland Consumer Rights Coalition, sued on February 12 to stop CFPB Acting Director Russell Vought from starving the agency ...

Acting Consumer Financial Protection Bureau Director Russell Vought said all diversity, equity, inclusion and accessibility policies "will cease immediately," adding that employees may be investigated ...

A district court judge is reportedly weighing whether to issue a longer-term pause on DOGE-led efforts to wind down the CFPB.

He sent a similar missive to the team handling supervision at CFPB. However, he also confirmed that Vought’s order to cease all supervision and examination activity was still in force.

Consumer Finance Protection Bureau acting director Russell Vought said the agency will not close. “The predicate to running a ‘more streamlined and efficient bureau’ is that there will ...

Vought declared on X this month that the agency would not be receiving its allotted congressional appropriations, which he deemed excessive and “long contributing to CFPB's unaccountability.” ...

Vought issued a series of directives Saturday, ordering CFPB employees to pause all investigations, enforcement actions, and regulatory work. And it is facing severe backlash from critics.

Consumer and employees groups are seeking a restraining order against CFPB acting Director Russell Vought, arguing that he was unlawfully installed and has "no power to direct" the bureau.