The National Treasury Employees Union filed two lawsuits Sunday against Consumer Financial Protection Bureau acting director Russell Vought after he ordered a halt to much of the agency’s activities. The lawsuits block Vought’s directives and prevent the Department of Government Efficiency from accessing CFPB employee information. Vought instructed staff to cease investigations, supervision, and stakeholder engagement while pausing the agency’s funding request to the Federal Reserve. Employees were told the Washington headquarters would be closed this week.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02National Treasury Employees Union filed two lawsuits Sunday against Consumer Financial
00:07Protection Bureau Acting Director Russell Vought after he ordered a halt to much of
00:11the agency's activities. The lawsuit seeks to block Vought's directives and prevent the
00:16Department of Government Efficiency from accessing CFPB employee information.
00:22Vought instructed staff to cease investigations, supervision, and stakeholder engagement while
00:27also pausing the agency's funding request to the Federal Reserve. Employees were told the
00:33Washington headquarters would be closed this week. For all things money visit benzinga.com slash gstv