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Consumer Financial Protection Bureau ordered to stop work

Hosted on MSN · 10m

Consumer protection agency CFPB neutralized by Trump's new chief

The U.S. Consumer Financial Protection Bureau was rapidly defanged over the weekend with all activities suspended, its upcoming funding facing a cut and its headquarters temporarily shuttered, removing a layer of oversight over consumer-facing financial companies.

USA TODAY on MSN · 6h

Consumer Financial Protection Bureau ordered to stop work: What to know about the agency

Russell Vought, director of the Office of Management and Budget and the acting director of CFPB, ordered the federal watchdog to stop work.

ABC Action News · 27m

New acting director tells Consumer Financial Protection Bureau to suspend most operations

The Consumer Financial Protection Bureau and will suspend most of its operations, according to a memo from its new acting director Russell Vought.

38m

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, ...

8h

Russell Vought, CFPB's new acting head, issues directives to halt portions of bureau activity

Office of Management and Budget Director Russell Vought issued a series of directives to Consumer Financial Protection Bureau ...

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