White House Budget Director Russell Vought said Wednesday that he intends to shut down the Consumer Financial Protection Bureau (CFPB), contradicting previous statements by the Trump administration that it would not close the bureau. It’s also not clear Vought has the authority to shut down an agency established by Congress.

Speaking on The Charlie Kirk Show, Vought said that only a small number of employees remain at the agency’s Washington headquarters “while we close down the agency.” He added, “We want to put it out and we will be successful probably within the next two or three months,” details ⇒