Tagged: Russell Vought

Lawsuit challenges both CFPB’s fair lending rollback and Vought’s authority to lead the bureau

A coalition of U.S. senators is urging the CFPB to withdraw a proposed rule eliminating disparate impact enforcement under ECOA, warning it would exacerbate housing affordability challenges and restrict access to credit

Senior Democratic lawmakers have filed an amicus brief arguing that CFPB Acting Director Russell Vought’s reinterpretation of the agency’s funding mechanism unlawfully undermines its independence and consumer protection mandate under the Dodd-Frank Act

Office of Management and Budget official has been nominated by the Trump administration as director of the Consumer Financial Protection Bureau for a five-year term

In a recent court filing, OMB Director Russell Vought contends that the Bureau is legally barred from drawing funds from the Federal Reserve, the mechanism through which it has traditionally been financed

A group of 11 U.S. Senators have sent an inquiry to Acting CFPB Director Russell Vought voicing concerns over recent comments over shutting down the Bureau

Consumer finance watchdog’s headcount reportedly at about 12% as internal memo calls for focus on mortgages, big banks

CHLA calls relief from registration reg a win for small independent mortgage banks

"You've been lined up to be the number-one horse at the glue factory,” said Senator Elizabeth Warren (D-MA).

That is the question as views range widely on the agency’s present existential saga