CFPB Under Fire: Leadership Shifts and Funding Crises

Office of Management and Budget director Russell Vought on Saturday halted new funding to the Consumer Financial Protection Bureau and temporarily shut down its headquarters. It’s the latest effort by Vought, a Project 2025 architect, to tear down the so-called “deep state” of bureaucrats who could object to Trump’s policies. Vought is also fixed on expanding the powers of the executive branch in relation to the legislative branch, supporting a presidential power to claw back funds already allocated by Congress. We’ll talk about what Vought’s tenure as OMB director will mean for the future of federal funding.

Guests:

Megan Messerly, White House reporter, Politico

James C. Capretta, senior fellow, American Enterprise Institute; former associate director at the White House Office of Management and Budget under President George W. Bush

Bob Bauer, professor of practice and distinguished scholar in residence, New York University School of Law; co-author of “After Trump: Reconstructing the Presidency”; White House Counsel to President Barack Obama (2009-2011)

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