James C. Capretta

Senior fellow at the American Enterprise Institute and former associate director at the White House Office of Management and Budget under President George W. Bush.

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Feb 11, 2025 • 58min

OMB Director and Project 2025 Architect Russell Vought Halts CFPB Funding

Megan Messerly, a White House reporter at Politico, covers the impact of leadership changes on the Consumer Financial Protection Bureau (CFPB). James C. Capretta, former OMB associate director, discusses Russell Vought's controversial funding halt and its implications for federal agency operations. Bob Bauer, former White House Counsel, raises concerns about the accumulation of presidential power and its effects on democracy. They explore the challenges faced by the CFPB and the consequences of federal budget cuts on essential services, highlighting tensions in governance.