Senate voted to confirm Russell as Director of OMB
The key author of the project 2025, Russell’s vote confirmed by the Senate, 53-47, led the Office of Management and Budget.
WASHINGTON – Russell vote, Acting Director of the Consumer Financial Protection Bureau, ordered the agency staff to stop all work in an email on Saturday night.
“Immediately effective, unless clearly approved by the acting director or the law, all employees, contractors and other bureau personnel will eliminate all monitoring and examination activity.” New York Times.
This came after that, which was confirmed to lead the office of management and budget this week, is written on x That it disconnected new funding to the agency responsible for the protection of US consumers.
“The agency will not make the next draw of its unmanageable funding because it is not” reasonably necessary “for performing its duties,” the Wate writes.
CFPB is an independent government agency responsible for protecting consumers in the financial industry, enforcing federal rules for financial institutions such as banks, credit unions and other lenders and lenders.
It was created by law in 2011 after a great recession and was the mental maker of San Elizabeth Warren, D Moss, who said. In an x post On Saturday, “big banks and giant corporations have to give green lights to families of scams.”
