Consumer Financial Protection Bureau
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2026 Events (3)
CFPB placed union organizing chair Stephen Wheeler on administrative leave without disclosing any cause
CFPB placed Stephen Wheeler, chair of the agency's National Treasury Employees Union organizing committee, on administrative leave on August 6, 2026, citing an investigation whose scope and allegations the agency has not disclosed. The union says the timing follows Wheeler's public advocacy — including a July congressional-hearing appearance in union apparel and an NPR interview about forced staff relocations — and calls the investigation retaliatory; Wheeler called it a "fishing expedition." He is the second CFPB union member placed on leave under the Trump administration, after Alexis Goldstein was fired in February 2026 following a leave that began in February 2025.
CFPB Acting Director Vought ordered scattered employees to relocate to Washington by November 2 or lose their jobs
On June 30, 2026, Consumer Financial Protection Bureau Acting Director Russell Vought sent relocation letters to roughly 450 remote and geographically scattered CFPB employees, directing them to move to the bureau's Washington, D.C. headquarters by November 2, 2026 or lose their jobs. Employees and the union representing them said the ultimatum functions as a mass layoff in disguise, since many affected workers have documented medical, caregiving, or mobility circumstances that make relocation unworkable. Vought, who simultaneously directs the White House Office of Management and Budget, has pursued a yearlong campaign to shutter the CFPB that federal courts have largely blocked.
Public Citizen found agencies canceled or froze 159 corporate enforcement actions in Trump's first year, many tied to inaugural donors
A Public Citizen report published January 15, 2026 found that during the first year of President Trump's second term, federal agencies — including the Justice Department, SEC, FTC, and CFPB — canceled or froze 159 enforcement actions against 166 corporations that had been under federal investigation or prosecution. Of the companies that received favorable treatment, 31 had donated to Trump's inauguration or White House ballroom fund, a pattern the group had flagged in advance in an April 2025 analysis warning the donations "may serve as down payments" for dropped cases. The report documents the systemic collapse of corporate enforcement rather than asserting a proven quid pro quo in any individual case.