Budget Chief Halts Funding to Consumer Protection Agency, Says Not Needed
‘This spigot, long contributing to CFPB’s unaccountability, is now being turned off,’ Vought wrote on X. Office of Management and Budget chief Russ Vought, who recently took over as the acting head of the Consumer Financial Protection Bureau (CFPB), said on Feb. 8 that he is suspending the flow of new funding to the agency.