Russell Vought, newly confirmed as the Office of Management and Budget director, is now serving as the Consumer Financial Protection Bureau’s acting head.
Vought, who was confirmed Thursday in a 53-47 party-line vote, replaces Treasury Secretary Scott Bessent, who had been serving as the CFPB’s acting director.
The Wall Street Journal was first to report Vought’s appointment.
Vought emailed senior CFPB staff from his OMB email account late Friday informing them he was the new acting director, according to multiple sources with knowledge of the situation who confirmed the Journal’s reporting.
Also Friday, the CFPB’s homepage was taken down and ...