It was here.
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.
I wish that subject line were a joke. When Julien Coallier sent a series of DMCA takedown requests contending that various print publications of Shakespeare’s plays, and YouTube videos of performances of those plays, infringed his purported copyright in those works, it should have been treated as a bad joke. After all, Shakespeare’s plays were […]
So reports Stacey Cowley in the NY Times.
Here. Vice President Vance is said to be “closer ideologically” to the industry-skepticism side of things.
The Consumer Financial Protection Act, the CFPB’s organic statute, requires the Bureau to do certain things. For example, 12 U.S.C. § 5514(b)(1) provides that “The Bureau shall require reports and conduct examinations on a periodic basis (emphasis added).” I don’t see how the pause could lawfully affect periodic supervision, then, and my understanding of the memo […]