Employees testified that CFPB leaders and Elon Musk's DOGE want to wind down the agency to five employees, the minimum ...

The Trump administration’s demand that federal agencies plan to radically downsize is driven by a key figure in the ...

Sen. Tina Smith (D-Minn.) pressed President Trump’s nominee to lead the Consumer Financial Protection Bureau (CFPB) over who ...

In President Donald Trump’s first term, Russell Vought was a largely behind-the-scenes player who eventually became director of the influential but underappreciated Office of Management and Budget.

That move, back in 2020, was partly the work of Russell Vought, who is once again leading the OMB. In the four years that Trump was out of power, Vought was busy establishing the framework for the ...

The Senate on Thursday confirmed Russell Vought as the next director of the powerful White House budget office, installing a conservative fiscal hawk who has promised to pursue sweeping spending ...

The Consumer Financial Protection Bureau and the city of Baltimore butted heads and faced skeptical questions from a federal ...

Consumer Finance Protection Bureau acting director Russell Vought said the agency will not close. “The predicate to running a ‘more streamlined and efficient bureau’ is that there will continue to ...

One of the CFPB's rules last year capped credit card fees at $8, but a federal judge put it on hold after business lobbyists ...

Elon Musk, the world’s richest man, has been the public face of the Trump administration’s effort to dismantle many ...

WASHINGTON — The Senate confirmed Russell Vought as White House budget director Thursday night, putting an official who planned the zealous expansion of President Donald Trump's power into one ...