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KQED's Forum

OMB Director and Project 2025 Architect Russell Vought Halts CFPB Funding

KQED's Forum

KQED

News Commentary, News, Politics

4.2 • 727 Ratings

🗓️ 11 February 2025

⏱️ 56 minutes

🧾️ Download transcript

Summary

Office of Management and Budget director Russell Vought on Saturday halted new funding to the Consumer Financial Protection Bureau and temporarily shut down its headquarters. It’s the latest effort by Vought, a Project 2025 architect, to tear down the so-called “deep state” of bureaucrats who could object to Trump’s policies. Vought is also fixed on expanding the powers of the executive branch in relation to the legislative branch, supporting a presidential power to claw back funds already allocated by Congress. We’ll talk about what Vought’s tenure as OMB director will mean for the future of federal funding. Guests: Megan Messerly, White House reporter, Politico James C. Capretta, senior fellow, American Enterprise Institute; former associate director at the White House Office of Management and Budget under President George W. Bush Bob Bauer, professor of practice and distinguished scholar in residence, New York University School of Law; co-author of “After Trump: Reconstructing the Presidency”; White House Counsel to President Barack Obama (2009-2011) Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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From KQED.

0:48.7

You know,

0:49.6

you know, From KQBD in San Francisco, this is Forum.

1:03.5

I'm Mina Kim.

1:04.5

We take a closer look this hour at efforts to shutter the Consumer Financial Protection Bureau

1:08.8

and the person behind the move, Russell,

1:11.3

vote.

1:12.5

Even before a vote was confirmed last week to lead the powerful budget office, his influence

1:16.6

and aims could be found in the effort to freeze federal funds and purge the federal workforce.

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