Vought can do this because the CFPB bypasses the Congress and gets its funding straight from the Federal Reserve.
Reposted from
Yashar Ali 🐘
Russell Vought, the Acting Director of the Consumer Financial Protection Bureau, tells the Chairman of the Federal Reserve that the CFPB does not require any additional funds for now.
This, of course, means they are gutting the agency.
This, of course, means they are gutting the agency.
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