- United States
- Texas
- Letter
I urge you to hold Consumer Financial Protection Bureau Acting Director Russell Vought accountable for his systematic effort to weaken the CFPB and abandon the consumers it was created to protect.
Vought helped design Project 2025, which called for dismantling the CFPB. As acting director, he has pursued that agenda by attacking the agency’s workforce, weakening enforcement, abandoning cases against corporate wrongdoers, and ending settlements intended to compensate and protect consumers.
Under Vought, the CFPB has dismissed or weakened dozens of enforcement actions involving alleged fraud, discrimination, illegal junk fees, predatory lending, unauthorized accounts, and abusive debt collection. These decisions have effectively granted pardons to financial companies accused of harming consumers.
Congress must demand a full accounting of every enforcement case abandoned, every settlement weakened, and every effort to eliminate the expert staff responsible for preventing financial abuse and identifying threats to the economy.
The CFPB’s work has strong bipartisan support. Four in five voters support the agency after learning about its mission, and overwhelming majorities across party lines support strong protections against financial misconduct.
Please use these hearings to confront Russell Vought, defend the CFPB’s staff and independence, and make sure that financial companies are held accountable when they break the law.
Sincerely,