New Day, New CFPB Leadership
On Friday evening, a day after Russell Vought was confirmed as Director of the Office of Management and Budget, President Trump named him acting director of the Consumer Financial Protection Bureau.
AFSA congratulates Director Vought on his confirmation and his additional responsibilities as acting director at the Bureau. As AFSA noted in its letter to Treasury Secretary Scott Bessent, a well-functioning consumer credit marketplace with clear and appropriate rules of the road are crucial to both the American economy and to consumer protection. We look forward to working with Acting Director Vought on policies that both strengthen the consumer credit industry and ensure a brighter future for American workers and their families.
February 8th, 2025
