Breaking News: New Acting Director Named at CFPB as DOGE Incursion Raises Questions About Bureau's Future

The Consumer Financial Protection Bureau is under increasing pressure as Elon Musk’s Department of Government Efficiency has descended on the regulator and obtained access to some of its key information and departments. This development follows President Trump’s decision to place Russell Vought, a key figure behind Project 2025 and the newly confirmed Director of the Office of Management & Budget, as the new Acting Director of the CFPB. The developments have happened fast and furious in the past 36 hours and have created a mounting sense of uncertainty at the Bureau.