Democrats in Congress demanded that CFPB Acting Director Russell Vought justify the actions he’s taken to reshape the bureau during his tenure.

In his first appearance before Congress as CFPB acting director, Russell Vought argued that changes to the CFPB were necessary as the bureau was “out-of-control.”

Sen. Elizabeth Warren, D-MA, wants to know whether Brian Johnson, CFPB director nominee and an executive at Capital One, had a role in the bureau’s decision last year to drop its lawsuit against the bank.

The DC Circuit Court will allow a district court to decide what happens to a preliminary injunction that blocks the Trump administration from laying off staff at the CFPB.

In addition to deleting press releases, testimonies and speeches published before February 2025, the CFPB removed a website translation tool that allowed users to access information in several non-English languages.

President Trump’s recent executive order targeting lending to immigrants could change lenders’ practices when lending to borrowers using individual taxpayer identification numbers.

The nomination comes seven weeks before the anticipated expiration of Acting Director Russell Vought’s time at the bureau.

Under certain circumstances, the bureau said lenders may be obligated to consider immigration status when conducting ability-to-repay determinations.

GSE MBS investors were frustrated with limited communication from the Trump administration even before FHFA Director Bill Pulte was named acting director of national intelligence this week. The appointment prompted more speculation about the future of the GSEs.

The Trump administration has directed the CFPB to remind lenders that they should consider that deportation and loss of wages are risks when extending credit to certain noncitizens.