White House budget director Vought plans to shut down CFPB within months

[In It to Win It]

https://www.reuters.com/business/world-at-work/white-house-budget-director-vought-says-over-10000-federal-workers-could-be-laid-2025-10-15/

WASHINGTON, Oct 15 (Reuters) - White House budget director Russell Vought said on Wednesday he wants to close the U.S. Consumer Financial Protection Bureau even though President Donald Trump's administration has argued in court that there is no such plan.

Vought made the remarks on "The Charlie Kirk Show" as the administration is locked in litigation with a CFPB labor union and consumer advocates over whether Trump has the authority to fire most CFPB staff or dismantle an agency created by Congress.

Representatives for the CFPB did not immediately respond to a request for comment.

Very few people currently work at the CFPB's Washington headquarters "while we close down the agency," Vought said. "So we want to put it out and we will be successful probably within the next two or three months."

Vought repeated Republican allegations that the agency had persecuted small businesses but failed to protect consumers.

would love to know where vought got the authority to shutdown a government agency established by statute

— jamelle (@jamellebouie.net) 2025-10-15T22:41:01.039Z

[Sogo]

1. Exactly! Vought must go!!

"would love to know where vought got the authority to shutdown a government agency established by statute"

[bucolic_frolic]

2. I take that as an indication they have no intention on passing a budget

for a long time.

[applegrove]

3. Because there is so much oligarch money looking

to invest in something and so little opportunity that they need to cannibalize the average American investor's assets. Plus it makes the middle class poorer which the GOP like. That is why they are going after public school teachers.... they make money and sometimes (often) vote Democratic so they give money to the Democratic Party. The same with liberals who have assets. They must be neutralized according to MAGA and Heritage thinking.

[a kennedy]

4. Got it, BUT WHO IS GONNA STOP HIM FROM DOING IT???

[newdeal2]

6. No one

It will take voters and a new party in charge to do anything about it.

[mzmolly]

5. But Trump said he'd never heard of Project 2025.

[moondust]

7. How many rubles

is Russky being paid to destroy the U.S. government from within?