Outgoing Trump watchdog faces Democrat fire over handling of consumer agency

House Democrats grill Vought over DOGE’s CFPB data dives

With his days numbered as acting director of the Consumer Financial Protection Bureau, Russell Vought found himself in the hot seat Wednesday, taking fire from House Financial Services Committee Democrats on everything from DOGE’s data excavations at the agency to the burying of website content. Rep. Maxine Waters, D-Calif., ranking member of the committee, set the minority party’s tone for the hearing with a withering opening statement that chi…

Vought defends CFPB cuts, calls for congressional reforms

Russell Vought, the acting director of the Consumer Financial Protection Bureau (CFPB), testified before the House Financial Services Committee on Wednesday, arguing that the bureau has exceeded its statutory authority while lawmakers spar over its future. During the contentious hearing — which marked Vought‘s first appearance before Congress in his role leading the CFPB — Vought defended the Trump administration’s overhaul of the agency and the…

Outgoing Trump watchdog faces Democrat fire over handling of consumer agency

By Douglas Gillison WASHINGTON, July 15 (Reuters) - Russell Vought, President Donald Trump's outgoing interim consumer finance watchdog, on Wednesday sparred with congressional Democrats over his administration's handling of the U.S. Consumer Financial...

REPLAY: Russell Vought Testifies on CFPB Semi-Annual Report

The House Financial Services Committee holds a hearing at 10 a.m. ET on July 15 on the Consumer Financial Protection Bureau’s (CFPB) semi-annual report. Acting CFPB Director Russell Vought testifies. ...

Bloomberg: Vought Gutted America’s Consumer Watchdog — Now Congress Seeks Answers

“Russell Vought’s first, and likely last, appearance as acting director comes at a critical moment,” said Tom Feltner, associate director of consumer policy at Americans for Financial Reform. “While Vought will likely try to square his public calls to shut down the agency with his recent actions to prove to the court there is nothing to see, he cannot have it both ways.” The post Bloomberg: Vought Gutted America’s Consumer Watchdog — Now Congres…

Democrats preview tough oversight of CFPB post midterms

Russell Vought, testifying in front of the House Financial Services Committee for the first time in his tenure atop the bureau, was unapologetic about his attempts to cut the consumer protection agency and its regulation and supervision functions.