Some precedent for CFPB actions under Vought, but lawsuit claims separation of powers issue exists

Office of Management and Budget Director nominee Russell Vought is sworn in with a hand raised Jan. 22, 2025, during the Senate Banking Committee nomination hearing in the Dirksen Senate Building in Washington, D.C. — Office of Management and Budget Director nominee Russell Vought is sworn in during the Senate Banking Committee nomination hearing in the Dirksen Senate Building in Washington, D.C. Vought was confirmed and later became acting director of the Consumer Financial Protection Bureau. (KAYLA BARTKOWSKI/GETTY IMAGES)

February 12, 2025 05:00 PM

There’s precedent under two prior presidential administrations for some of the Consumer Financial Protection Bureau changes announced by acting director Russell Vought or reported by Bloomberg News, according to an auto finance attorney.

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