"The strange part is what the CFPB, then led by Vought, chose to do about it.
“Air Cover for the Company”
The law that established the CFPB, the Dodd-Frank Act of 2010, envisioned two tracks for the bureau’s work.
On the supervision track, CFPB employees would periodically visit banks and other financial institutions to monitor their business practices and ensure compliance with the law."
Framing: assertive ·
First seen: 2026-08-31 ·
Last seen: 2026-08-31 ·
Spread: 1 articles