The Consumer Financial Protection Bureau's curious resurgence
(Politico) The Trump administration seemed on the verge of shutting down the Consumer Financial Protection Bureau earlier this year after trying to fire its staff, terminating its office lease, ending nearly all its work and refusing to fund it.
But now, with efforts to dismantle the agency held up in federal courts, it appears to be coming back to life, with Acting Director Russell Vought using it as an instrument to carry out conservative policies.
In recent weeks, the White House nominated a veteran of the CFPB in the first Trump administration, Brian Johnson, as director. The agency leased new office space in Southwest Washington and called back employees who had been working from home. It's also ramping up supervision of small financial institutions that serve low-income communities and has released a rule that makes it harder for immigrants to get loans.
https://www.yahoo.com/news/politics/articles/the-consumer-financial-protection-bureaus-curious-resurgence-200000139.html