Russ Vought, tapped as CFPB's acting director, directs bureau to issue no new rules, stop new investigations

moxie.foxnews.com_4 (nprofile…qpfv)
✍️ Russell Vought, the director of the Office of Management and Budget, has been named the acting director of the Consumer Financial Protection Bureau, where he has directed staff to halt all new rules, investigations, and communications.
👉 Not approving or issuing any proposed or final rules or formal or informal guidance
👉 Suspending the effective dates of all final rules that have been issued or published but have not gone into effect
👉 Not commencing, taking investigative activities related to, or settling enforcement actions
👉 Not opening any new investigation in any manner and ceasing any pending probes
👉 Not issuing public communications of any type, including research papers
👉 Not approving or executing any material agreements, including those related to employee matters or contractors
👉 Not making or approving filings or appearances by the bureau in any litigation except to ask for a pause in proceedings
👉 Ceasing all supervision and examination activity
👉 Ceasing all stakeholder engagement

#RussellVought #PresidentTrump #politics

quoting nevent1q…5k4w

moxie.foxnews.com_4 (nprofile…qpfv)

Russell Vought, acting director of the Consumer Financial Protection Bureau, has directed staff to not issue any new rules and to stop any new investigations.
https://www.foxnews.com/politics/russ-vought-tapped-cfpbs-acting-director-directs-bureau-issue-no-new-rules-stop-new-investigations