2025 Author Vought Shuts Down Consumer Protection Agency, Gives Musk's Team Access to Private Financial Data36 Hours After Russell Vought Took Over Consumer Bureau, He Shut Its Operations
In chaotic 36-hour assault on federal watchdog, acting director orders 1,700 employees to stop protecting Americans from fraud while Musk's associates gain control of sensitive systems
The agency had been one of Wall Street’s most feared regulators, with the power to issue rules on mortgages, credit cards, student loans and other areas affecting Americans’ financial lives.
Feb 9, 2025 · Show Original