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Trump Nominates Levenbach to Sidestep CFPB Funding Cuts

11/19/2025

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Summary

Story summary

U.S. President Donald Trump nominated Stuart Levenbach as the permanent director of the CFPB, which faces significant funding cuts.
The nomination is seen as a tactic to extend acting director Russell Vought's tenure.
It would let Vought continue without Senate confirmation because his term was about to expire.
Senator Elizabeth Warren criticized the move, saying it would facilitate corporate exploitation of consumers.

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Story summary

U.S. President Donald Trump nominated Stuart Levenbach as the permanent director of the CFPB, which faces significant funding cuts.
The nomination is seen as a tactic to extend acting director Russell Vought's tenure.
It would let Vought continue without Senate confirmation because his term was about to expire.
Senator Elizabeth Warren criticized the move, saying it would facilitate corporate exploitation of consumers.