Russ Vought, tapped as CFPB's acting director, directs bureau to issue no new rules, stop new investigations
Fox News
Russell Vought, the Consumer Financial Protection Bureau's acting director, directed staff to not issue any new rules and to stop new investigations.
"I am honored that President Trump designated me as Acting Director of the Bureau on February 7, 2025," Vought said in an email to CFPB colleagues obtained by RealClearPolitics. "As Acting Director, I am committed to implementing the President's policies, consistent with the law, and acting as a faithful steward of the Bureau's resources."
He issued several directives that, effective immediately, must be followed by all employees, contractors and other CFPB personnel "unless expressly approved by the Acting Director or required by law," according to RealClearPolitics.
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