White House Budget Director Announces Plan to Dismantle Consumer Financial Protection Bureau
White House budget director Russell Vought has publicly stated plans to shut down the Consumer Financial Protection Bureau within months. The announcement contradicts the Trump administration’s previous court arguments that no such closure was planned.
White House Official Announces CFPB Closure Plan
White House budget director Russell Vought has announced plans to close the U.S. Consumer Financial Protection Bureau within the next two to three months, according to reports from Reuters. The declaration comes despite the Trump administration’s previous court arguments that there was no plan to dismantle the agency.