A federal judge has vacated two funding decisions made under former acting Consumer Financial Protection Bureau Director Russell Vought, rejecting the legal theory that Federal Reserve losses could eliminate the bureau’s statutory source of operating funds. Senior...
Mark Paoletta, the chief legal officer at the Consumer Financial Protection Bureau (CFPB), has been selected as agency’s deputy director, which puts him in line to succeed Acting Director Russ Vought. According to a Bloomberg report, Vought’s term as acting director...