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Vought labels CFPB as ‘structurally defective’ during House committee hearing
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Banking, Consumer Protection, Industry Regulation
Tuesday, July 21, 2026
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During his first and only semiannual report to the House Financial Services Committee on behalf of the Consumer Financial Protection Bureau on July 15, acting director Russ Vought addressed questions about changes underway at the agency and structural reforms he believes to be necessary.
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