Trump’s effort to dismantle CFPB hit with 2 federal lawsuits
As Elon Musk’s Department of Government Efficiency turns its sights on potentially dismantling the Consumer Finance Protection Bureau, the Trump administration faces two new legal challenges.
The National Treasury Employees Union filed two lawsuits overnight against acting CFPB director Russell Vought, challenging both the takeover of the CFPB and DOGE’s access to sensitive records maintained by the agency.
One lawsuit alleged that Vought’s efforts last week to halt the CFPB’s supervision and enforcement work overstepped the authority of the executive branch, arguing that only Congress – which created the CFPB in the wake of the Great Recession – has the authority to destroy the agency.
The second lawsuit alleged that DOGE’s access to CFPB records violates a federal law that protects the security of sensitive records maintained by the agency.
– ABC News’ Peter Charalambous