The Deconstruction of the CFPB: Russ Vought’s Congressional Testimony and the Radical Overhaul of Consumer Finance

WASHINGTON D.C. — In a series of high-stakes congressional hearings this week, Russ Vought, the Acting Director of the Consumer Financial Protection Bureau (CFPB) and current Director of the Office of Management and Budget (OMB), laid out a provocative and scorched-earth vision for the future of federal consumer protection. Appearing before both the House Financial…

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