The Plot to Destroy the CFPB

A set of declarations from current and former employees of the Consumer Financial Protection Bureau detail the scheme to illegally eliminate the agency.

CFPB has been under a “stop work” order since Acting Director Russ Vought took over the agency on an acting basis.

The agency has returned more than $21 billion to consumers over its lifespan.

Nearly every contract CFPB held with outside vendors to assist with supervision, enforcement, and multiple other tasks was terminated between February 11 and 14 .

This included contracts with expert witnesses in enforcement cases, without which the cases could not be litigated.

After many people noticed that the.

consumer complaint phone hotline was down, senior executives restored that contract, but the contract for the complaint database is still cancelled.