The Consumer Financial Protection Bureau–an agency that oversees financial regulations in the U.S. States–has come to a standstill under the leadership of its new acting head, Russell Vought. Vought issued a series of directives Saturday,

President Donald Trump appointed Russell Vought to head the Consumer Financial Protection Bureau (CFPB). Shortly after, Vought announced that he had notified the Federal Reserve that the CFPB would not take its next draw of unappropriated funding.

Fox News mentioned key consumer protection measures from the Consumer Financial Protection Bureau only once in its scant coverage of the bureau since Russell Vought, an architect of Project 2025, took over as acting director on February 7 and began gutting agency functions.

The Department of Government Efficiency has finally breached the Consumer Financial Protection Bureau. A flurry of reporting reveals that DOGE is communicating with staff and “sought access to information technology systems” at the agency and Russell Vought,

The Consumer Financial Protection Bureau, a longtime target of the Republican Party that has undergone a significant shakeup in recent weeks, will continue operating, the Trump administration says. After Trump replaced its director with Russell Vought — director of the White House budget office and an author of Project 2025 — work at the CFPB was frozen.

It’s taken just a few weeks in office, but the Trump administration’s apparent vision for economic populism is coming into focus: a blueprint for mass layoffs, creeping inflation, and a dissolution of consumer safeguards reviled by many wealthy Republican donors and politicians.

The Consumer Financial Protection Bureau’s new leadership on Thursday dismissed a trio of enforcement lawsuits undertaken by the previous administration’s director. In legal filings, the CFPB issued a notice of voluntary dismissal for cases involving Capital One,

Days before President Trump was inaugurated, the Consumer Financial Protection Bureau sued Capital One, accusing it of using deceptive tactics that the bureau said cheated customers out of $2 billion in interest payments on their savings accounts.

The Consumer Financial Protection Bureau and the city of Baltimore butted heads and faced skeptical questions from a federal judge in Maryland over whether statements from acting Director Russell Vought threatening to zero out the agency’s funding amounted to an unlawful and final agency action.

Acting Consumer Financial Protection Bureau Director Russell Vought agreed to hold off on zeroing out the agency’s budget for at least two weeks even as he moves to slash its workforce, according to court filings.

The Consumer Financial Protection Bureau hurts consumers by overregulating lenders. The Trump administration should shut it down.