Video here, on Bluesky. Thanks to Phillip Robinson.
Category Archives: Consumer Financial Protection Bureau
The NY Times report, by Ryan Mac and Stacy Cowley, is here. The Bureau already has a balance of over $700 million. As Bloomberg Law’s Evan Weinberger has pointed out, Trump’s first CFPB acting director, Mick Mulvaney, also declined to take money from the Fed for the CFPB and then ended up asking for quite a bit. The […]
The WSJ reports that “on Thursday the director of the bureau’s enforcement division told employees to continue working on litigation and investigation.” And American Banker’s Kate Berry has reported that the Bureau “has agreed to temporarily halt a rule that would ban medical bills from credit reports.”
As Adam posted yesterday, OMB Director Russell Vought has been named Acting Mulvaney CFPB Director. We can get a clue as to Vought’s views of the CFPB from Project 2025, of which Vought is said to have been an architect, Here is an excerpt, written before the Supreme Court upheld the CFPB’s constitutionality in CFSA: Congress […]
According to a Wall Street Journal article, recently confirmed OMB Chief has been named Acting Director of the CFPB, succeeding Treasury Secretary Bessent who had previously been designated to fill the role.- an ominous sign of things to come.
. . . with a picture of what appears to be a tombstone. This is alarming. But only Congress can eliminate the Bureau.
Here. The article identifies the three DOGE employees. Given Elon Musk’s call for deleting the CFPB, this is troubling news. UPDATE: One of the DOGE employees at the Bureau has a history of unsettling social media posts.
So reports Stacey Cowley in the NY Times.