US EditionTrump Nominates Stuart Levenbach, with No Financial Experience, to Lead the CFPB
- President Trump nominated Stuart Levenbach as the next director of the Consumer Financial Protection Bureau, while using a legal maneuver to keep Russell Vought as acting director as part of the plan to shut down the agency.
- Stuart Levenbach has experience managing natural resources, having previously served as chief of staff at the National Oceanic and Atmospheric Administration and is currently an associate director in the Office of Management and Budget.
- The Consumer Financial Protection Bureau has been largely nonfunctional this year, with many employees ordered not to work and focusing on unwinding existing regulations.
- Senator Elizabeth Warren criticized the nomination, stating that it appears to be a front for Russell Vought to remain acting director while attempting to close down the agency unlawfully.
20 Articles
20 Articles
Trump nominates new CFPB director, but White House says agency is still closing
By KEN SWEET, AP Business Writer NEW YORK (AP) — President Trump nominated Stuart Levenbach as the next director of the Consumer Financial Protection Bureau, using a legal maneuver to keep his budget director Russell Vought as acting director of the bureau while the Trump administration continues on its plan to shut down the consumer financial protection agency. Related Articles Data shows a spike in military aircraft accidents in …
Trump nominates new CFPB director, but White House says agency is still closing
By KEN SWEET, AP Business Writer NEW YORK (AP) — President Trump nominated Stuart Levenbach as the next director of the Consumer Financial Protection Bureau, using a legal maneuver to keep his budget director Russell Vought as acting director of the bureau while the Trump administration continues on its plan to shut down the consumer financial protection agency. Related Articles What to know about the impacts Medicaid cuts are havi…
Trump nominates new CFPB director, but White House says agency is still closing
By KEN SWEET, AP Business Writer NEW YORK (AP) — President Trump nominated Stuart Levenbach as the next director of the Consumer Financial Protection Bureau, using a legal maneuver to keep his budget director Russell Vought as acting director of the bureau while the Trump administration continues on its plan to shut down the consumer financial protection agency. Related Articles ICE crackdown heightens barriers for immigrant domest…
Trump nominates new CFPB director, but White House says agency is still closing
By KEN SWEET, AP Business Writer NEW YORK (AP) — President Trump nominated Stuart Levenbach as the next director of the Consumer Financial Protection Bureau, using a legal maneuver to keep his budget director Russell Vought as acting director of the bureau while the Trump administration continues on its plan to shut down the consumer financial protection agency. Related Articles A health center closure in New England town reveals t…
Trump nominates new CFPB director, but White House says agency is still closing
By KEN SWEET, AP Business Writer NEW YORK (AP) — President Trump nominated Stuart Levenbach as the next director of the Consumer Financial Protection Bureau, using a legal maneuver to keep his budget director Russell Vought as acting director of the bureau while the Trump administration continues on its plan to shut down the consumer financial protection agency. Related Articles A health center closure in New England town reveals t…
Trump nominates new CFPB director, but White House says agency is still closing
President Trump has nominated Stuart Levenbach as the next director of the Consumer Financial Protection Bureau. This move allows Trump's budget director, Russell Vought, to remain as acting director while the administration works to dismantle the agency.
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