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Consumer Financial Protection Bureau Ordered to Halt Oversight Activities

  • The Trump administration has ordered a temporary closure of the Consumer Financial Protection Bureau headquarters and paused all work, according to an email shared with AFP.
  • Acting CFPB Director Russell Vought instructed employees to not report to the office this week, as he seeks written permission for any urgent tasks.
  • The National Treasury Employees Union filed lawsuits against Vought, claiming he unlawfully attempts to shut down the agency created by Congress.
  • Democratic Senator Elizabeth Warren stated that 'Congress built the CFPB, and no one other than Congress-- not the President, not Musk, not Vought-- can shut it down.
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  • 62% of the sources are Center
62% Center
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