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Vought Pauses Defunding of CFPB Following Lawsuit

Vought Pauses Defunding of CFPB Following Lawsuit

by Phil Hall | Feb 14, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

Acting Consumer Financial Protection Bureau (CFPB) Director Russell Vought has agreed to temporarily halt his plans to stop the funding of the agency for at least two weeks following a court challenge over whether he has the authority to take such an action. According...
Democrat Lawmakers Demand Removal of Elon Musk’s DOGE From CFPB HQ

Democrat Lawmakers Demand Removal of Elon Musk’s DOGE From CFPB HQ

by Phil Hall | Feb 12, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

Nearly 200 Democratic lawmakers led by Sen. Elizabeth Warren (D-MA) and Rep. Maxine Waters (D-CA) are demanding the Trump administration revoke the access by Elon Musk’s Department of Government Efficiency (DOGE) from the Consumer Financial Protection Bureau (CFPB)....
Union Sues to Halt DOGE Access and Work Stoppage at CFPB

Union Sues to Halt DOGE Access and Work Stoppage at CFPB

by Phil Hall | Feb 10, 2025 | Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

A labor union representing workers in the Consumer Financial Protection Bureau (CFPB) has filed two lawsuits against Acting Director Russ Vought’s efforts to stop work at the regulatory agency. Axios reports the National Treasury Employees Union (NTEU) filed its...
Vought Pauses Defunding of CFPB Following Lawsuit

CFPB’s Vought Stops Fed Funding for Agency, Closes Agency HQ for the Week

by Phil Hall | Feb 10, 2025 | Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

Russ Vought, the new acting director of the Consumer Financial Protection Bureau (CFPB), has informed the Federal Reserve it will not be requesting funds to finance its operations for Fiscal Year 2025 while informing the agency’s workforce that its headquarters will...
OMB Director Vought Takes Over as CFPB Acting Director

OMB Director Vought Takes Over as CFPB Acting Director

by Phil Hall | Feb 8, 2025 | Current News & Events, Market Snapshot, Real Estate News, WRE News Exclusive

The Consumer Financial Protection Bureau (CFPB) has another new leader with the appointment of Russell Vought, the newly sworn-in director of the White House’s Office of Management and Budget (OMB), taking over the agency as acting director. The Wall Street Journal,...
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