Acting Consumer Financial Protection Bureau Director Russell Vought agreed to hold off on zeroing out the agency’s budget for at least two weeks even as he moves to slash its workforce, according to court filings.
Vought and the city of Baltimore want to let Judge Adam B. Abelson in the US District Court for the District of Maryland determine on the merits whether the acting director has the authority to transfer money in CFPB reserve accounts and take other measures to reduce its available cash, according to a joint motion for a briefing schedule filed late Thursday.
In a separate ...