Trump Administration Halts CFPB Operations, Freezing Consumer Protection Investigations

confirmed Importance 8/10 ~1 min read 3 sources 3 actors

Russell Vought, as part of the Trump administration, ordered a complete work stoppage at the Consumer Financial Protection Bureau (CFPB), effectively suspending all ongoing investigations, rule-making, and consumer protection activities. The order closed CFPB headquarters and directed employees to cease all work, representing a significant disruption to federal consumer financial oversight.

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The Cascade Ledger. “Trump Administration Halts CFPB Operations, Freezing Consumer Protection Investigations.” The Capture Cascade Timeline, February 11, 2025. https://capturecascade.org/event/2025-02-11--the-cfpb-work-freeze-is-putting-big-tech-regulations-on-ice/