The new acting cfpb mainly suspends investigations and enforcement, gives up federal financing

. Consumer Fundamental Office (CFPB)Consumer Oriegat, began to lose some of his rights and funds under the Trump administration.

Russell Vought, director of the Management and Budget Office (OMB), took over last week as a temporary head of CFPB and issued about a dozen directives via e -mail to agency staff on Saturday, NBC News Reported.

What can’t CFPB do now?

In recent years, CFPB has collapsed Current account fees charged by banks and it helped Remove medical debt From credit reports.

Vought orders have stated that CFPB should “stop all supervisory and exam activities”, “stop the whole involvement of stakeholders”, as well as stopping investigations and “enforcement activities”, in accordance with a copy of the e -mail information obtained by NBC News.

In the case of X Post at the end of Saturday, Vought also gave up some federal funds that the agency will draw, stating that it already has surplus funds.

“I informed the federal reserve that CFPB will not use the next draw of incompatible financing, because it is not” reasonably necessary “to perform its duties. The current office balance of $ 711.6 million is actually excessive in the current fiscal environment. This peak, for a long time contributing to CFPB deficiency, is now turned off, “wrote Vought.

The creation of CFPB in 2010 and his works have been against Republicans since then, and Trump’s main allies, such as Elon Musk, to “remove” the agency. Musk irritated the possibility of changes in CFPB on Friday in X Post, saying “CFPB RIP”.

The supervisory authority had He entered the extent Issuing rules and announcement of enforcement activities in the last days of Biden administration. But it was short -lived because Trump replaced the head of CFPB Rohit Chopra at the beginning of this month.