The Trump administration, most especially the Department of Government Efficiency (DOGE) has been doing great, great work at identifying waste in government spending (not to mention outright fraud) and even setting up to shut down entire departments and agencies. One such is the Consumer Financial Protection Bureau (CFPB), the brainchild of Massachusett’s most famous radical-left senator, she of the famously high cheekbones, Elizabeth Warren (D-MA.)
President Trump has fired the former head of the CFPB, Rohit Chopra, and the acting Director, Russ Vought, immediately froze all new funding for the bureau.
Pursuant to the Consumer Financial Protection Act, I have notified the Federal Reserve that CFPB will not be taking its next draw of unappropriated funding because it is not “reasonably necessary” to carry out its duties. The Bureau’s current balance of…