Russell Vought takes the helm at CFPB as Musk's DOGE accesses key systems
- Russell Vought has been named the acting head of the Consumer Financial Protection Bureau, replacing Scott Bessent, according to a source familiar with the situation.
- DOGE representatives have gained access to the CFPB's internal systems, causing concerns about the agency's future and data security, as stated by the union representing CFPB workers.
- Musk's Department of Government Efficiency has taken control of the CFPB's website and social media accounts, leading to fears of dismantling the agency, according to multiple sources.
- The CFPB has returned $20.7 billion to consumers since its creation in 2011, and its budget for 2025 is $823 million, as reported by CBS News.
24 Articles
24 Articles
Russell Vought takes over as acting CFPB director; DOGE team deletes agency account on X
By Matt Egan, CNN Russell Vought took over as acting director of the Consumer Financial Protection Bureau (CFPB) on Friday night, and officials from Elon Musk's Department of Government Efficiency (DOGE) deleted the banking watchdog's X account, a person familiar with the matter told CNN. Vought's new role, first reported by The Wall Street Journal, comes a day after he was confirmed by the Senate to lead the Office of Management and Budget.
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