Katherine Doyle, Raquel Coronell Uribe and Megan
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Office of Management and Budget Director Russell Vought issued a series of directives to Consumer Financial Protection Bureau employees Saturday night in his new capacity as the bureau's acting head, effectively slowing a large portion of the bureau's activity to a standstill.
In the email to CFPB employees, which was obtained by NBC News, Vought confirmed that he has taken on the role of acting head of the bureau and announced a dozen directives that would go into effect immediately.
Employees were instructed to “cease all supervision and...
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