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by @danabra.mov
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The huge cuts to Supervision and Enforcement in particular show how unserious this plan is. Supervision is charged with overseeing thousands of banks & other firms to identify problems before they spread. Vought’s plan would cut the staff to just 77.
2mo
Tyler Creighton
Vought’s latest *may* be a retreat from trying to fully close the CFPB, but it’s still a dereliction of duty, sharply scaling back the agency’s capacity to stop scammers and fraudsters all while consumer complaints are at a record high. www.nytimes.com/2026/04/01/u...
2mo
www.nytimes.com
Trump Administration Scales Back Plan to Dismantle Consumer Protection Bureau
Tyler Creighton