Russell Vought, director of the candidate at the Management and Budget Office (OMB) for American President Donald Trump, during a confirmation audience of the Senate budget committee in Washington, DC, United States, Wednesday, January 22, 2025.
Al Drago | Bloomberg | Getty images
THE Consumer financial protection officeThe new management of the new management rejected at least on Thursday in terms of application initiated by the director of the previous administration.
In legal documents, the CFPB issued a voluntary dismissal notice for cases involving Capital One; Berkshire Hathaway Vanderbilt Mortgage & Finance; A Cos. Unit called Rocket Homes Real Estate; and a loan agent named Pennsylvania Higher Education Assistance Agency.
“The applicant, the financial protection office for consumers, rejects this action against all defendants,” said the agency in the Capital One Case. He used a similar language in other cases.
The movements are the last sign of the brutal change to the agency from the director of CFPB. Russell Vought took over this month. In collaboration with the Elon Musk Government Ministry of Government, the CFPB has closed its headquarters in Washington, dismissed around 200 employees and said to those who remain to stop work almost all.
The deposits began to appear on Thursday the same thing that the senators were toast Jonathan McKernan, the choice of President Trump to direct the CFPB permanently.
Current and former CFPB employees told CNBC that legal affairs with the dates of the upcoming file would probably be rejected because the agency disavows most of what the director Rohit Chopra did.
Who started at the end of last week when the agency rejected his case against Solo fundsA fintech lender he had previously accused of Gouging.
This story is developing. Please check the updates.
