Russell Vought's Directives at the Consumer Financial Protection Bureau

SOURCE www.foxnews.com
Russell Vought, the acting director of the Consumer Financial Protection Bureau, has directed staff to not issue new rules, suspend effective dates of final rules, and stop new investigations. He is implementing President Trump's policies and being a faithful steward of the Bureau's resources.

Key Points

  • Russell Vought, acting director of the CFPB, has issued directives to halt new rules, suspend effective dates of final rules, and cease new investigations.
  • He is committed to implementing President Trump's policies and being a faithful steward of the Bureau's resources.
  • Vought has also requested no money for the CFPB's third quarter of fiscal year 2025.