Defunding the Consumer Financial Protection Bureau

On Friday, Office of Management and Budget Director Russell Vought took over as acting head of the Consumer Financial Protection Bureau (CFPB) and ordered the agency to grant officials from the Department of Government Efficiency (DOGE) access to its non-classified systems. Over the weekend, Vought directed CFPB employees to “stand down from performing any work task,” then announced the CFPB’s Washington, D.C., office would be closed through February 14.

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