Russell Vought

Sen. Warren Says CFPB Hurts President Trump’s Affordability Push

Sen. Warren Says CFPB Hurts President Trump’s Affordability Push
Sen. Warren Says CFPB Hurts President Trump’s Affordability Push
January 25, 2026  |  Credit Cards

President Donald Trump has been lobbying for a 10% cap on credit card interest rates. Get the Full Story Complete the form to unlock this...

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White House Budget Director Aims to Shutter CFPB
White House Budget Director Aims to Shutter CFPB
October 16, 2025  |  CFPB

White House budget director Russell Vought announced Wednesday that he intends to shut down the U.S. Consumer Financial Protection Bureau (CFPB), a position that appears...

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CFPB’s Move to Rescind Rule 1033 Creates Uncertainty in Open Banking
CFPB’s Move to Rescind Rule 1033 Creates Uncertainty in Open Banking
May 25, 2025  |  Digital-First Banking

Apparently, the days of Rule 1033 are numbered. In fact, as of Sunday (May 25) they might be down to four, as the Consumer Financial...

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CFPB Pulls Plug on Google Payment Oversight; Alphabet to Withdraw Lawsuit
CFPB Pulls Plug on Google Payment Oversight; Alphabet to Withdraw Lawsuit
May 08, 2025  |  CFPB

The Consumer Financial Protection Bureau (CFPB) has abruptly abandoned its effort to supervise Google Payment, unraveling a marquee Biden-era bid to extend the agency’s reach...

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Appeals Court Blocks CFPB Layoffs Pending Court Battle on Downsizing
Appeals Court Blocks CFPB Layoffs Pending Court Battle on Downsizing
April 29, 2025  |  CFPB

An appeals court ruled Monday (April 28) afternoon in a 2-to-1 decision that the Consumer Financial Protection Bureau (CFPB) cannot proceed with its mass layoffs...

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Trump Administration to Appeal Judge’s Preliminary Order to Keep CFPB Intact
Trump Administration to Appeal Judge’s Preliminary Order to Keep CFPB Intact
March 31, 2025  |  Regulation

The on-again, off-again saga of the Consumer Financial Protection Bureau (CFPB) continues. The Trump administration on Saturday (March 29) filed a claim in the U.S....

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Justice Department Says CFPB Will Be Streamlined, Not Dismantled
Justice Department Says CFPB Will Be Streamlined, Not Dismantled
February 25, 2025  |  CFPB

Justice Department attorneys reportedly said late Monday (Feb. 24) in court filings that the Trump administration plans to streamline, not dismantle, the Consumer Financial Protection...

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Will McKernan Bring a ‘Regulatory Light’ Touch to the CFPB?
Will McKernan Bring a ‘Regulatory Light’ Touch to the CFPB?
February 24, 2025  |  CFPB

This Thursday (Feb. 27), the Senate Committee on Banking, Housing and Urban Affairs is scheduled to hold a hearing on nominees to head a variety...

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