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Russell Vought takes the helm at CFPB as Musk's DOGE accesses key systems

  • Russell Vought has been named the acting head of the Consumer Financial Protection Bureau, replacing Scott Bessent, according to a source familiar with the situation.
  • DOGE representatives have gained access to the CFPB's internal systems, causing concerns about the agency's future and data security, as stated by the union representing CFPB workers.
  • Musk's Department of Government Efficiency has taken control of the CFPB's website and social media accounts, leading to fears of dismantling the agency, according to multiple sources.
  • The CFPB has returned $20.7 billion to consumers since its creation in 2011, and its budget for 2025 is $823 million, as reported by CBS News.
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  • 64% of the sources are Center
64% Center
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OPB broke the news in Portland, United States on Saturday, February 8, 2025.
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