The Consumer Financial Protection Bureau, a longtime target of the Republican Party that has undergone a significant shakeup in recent weeks, will continue operating, the Trump administration says. After Trump replaced its director with Russell Vought — director of the White House budget office and an author of Project 2025 — work at the CFPB was frozen.

Supporters of the Consumer Financial Protection Bureau (CFPB) rally after Acting Consumer Financial Protection Bureau (CFPB) Director Russell Vought told all of the agency's staff to stay away from the office and do no work,

President Donald Trump appointed Russell Vought to head the Consumer Financial Protection Bureau (CFPB). Shortly after, Vought announced that he had notified the Federal Reserve that the CFPB would not take its next draw of unappropriated funding.

Consumer Finance Protection Bureau acting director Russell Vought said the agency will not close. “The predicate to running a ‘more streamlined and efficient bureau’ is that there will continue to

The Department of Government Efficiency has finally breached the Consumer Financial Protection Bureau. A flurry of reporting reveals that DOGE is communicating with staff and “sought access to information technology systems” at the agency and Russell Vought,

A federal judge wants to hear directly from one of the top officials at the Consumer Finance Protection Bureau to learn if the Trump administration is gutting the agency.

In a significant development, for the first time under Consumer Financial Protection Bureau Acting Director Russell Vought, CFPB litigators

At a court hearing on Monday, lawyers for the Trump administration said statutorily-required work is being done by the Consumer Financial Protection Bureau, while the union claimed the government is trying to shut the agency down.

It’s taken just a few weeks in office, but the Trump administration’s apparent vision for economic populism is coming into focus: a blueprint for mass layoffs, creeping inflation, and a dissolution of consumer safeguards reviled by many wealthy Republican donors and politicians.

The Consumer Financial Protection Bureau, a longtime target of the Republican Party that has undergone a significant shakeup in recent weeks, will continue operating, the Trump administration says. After Trump replaced its director with Russell Vought — director of the White House budget office and an author of Project 2025 — work at the CFPB was frozen.

Employees testified that CFPB leaders and Elon Musk’s DOGE want to wind down the agency to five employees, the minimum required under law.

The Consumer Financial Protection Bureau and the city of Baltimore butted heads and faced skeptical questions from a federal judge in Maryland over whether statements from acting Director Russell Vought threatening to zero out the agency’s funding amounted to an unlawful and final agency action.