The Latest Breaking News from Russell Vought

Federal Reserve Chair Jerome Powell said Tuesday that the US central bank was in no hurry to adjust its interest rate-cut policy, as the country's economy maintains resilient growth and a relatively strong labor market.

Sen. Elizabeth Warren says there are "zero cops" overseeing the consumer lending market after the CFPB headquarters were shuttered and workers told to stay home.

Elon Musk and some crypto executives celebrated the Trump government's work on shutting down the CFPB, raising questions among other crypto users and X commenters about whether they actually cared about the financial welfare of Americans.

The National Treasury Employees Union brought two court cases against acting CFPB director Russell Vought, accusing him of trying to shut down the agency -- which was created by Congress -- and of giving the Elon Musk-led Department of Government Efficiency (DOGE) access to employees' personal information.

ANALYSIS: Democrats don’t have many tools to stop Trump’s agenda. But, Eric Garcia writes, the ones they have can be used powerfully

There are “no known security constraints and zero oversight” preventing Elon Musk’s callow crew from obtaining and disseminating highly sensitive personnel data, according to a lawsuit the employees’ union filed Sunday

US President Donald Trump's administration has informed staff at the country's consumer protection agency that it is temporarily shuttering its headquarters and pausing all work, according to an email shared Monday with AFP. The Consumer Financial Protection Bureau (CFPB) was set up in the wake of the 2008 global financial…

In an email sent Monday, OMB Director Russ Vought told CFBP staff to stay home and stop working

The Consumer Financial Protection Bureau (CFPB) has abruptly closed its Washington headquarters, ordering staff to work remotely without explanation.

Acting CFPB director's directive to halt work activities raises concerns about consumer protection and financial oversight.

Plus: Steel and aluminum tariffs, Venezuelan sanctions and deportations, and more...