For the past 16 months, Consumer Financial Protection Bureau (CFPB) acting director Russell Vought has moved aggressively to scale back the agency’s enforcement and regulatory activities, even as questions have mounted over how long he can legally remain in charge.

Vought, who is the current head of the White House Office of Management and Budget (OMB), was named acting head of the CFPB in February 2025, a position that has a 210-day limit set by the Federal Vacancies Reform Act (FVRA).

Shortly after taking the position, Vought moved to suspend most of the CFPB’s operations, closed the agency’s headquarters and said details ⇒

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