Vought has assumed dual leadership roles over the Office of Management and Budget and the Consumer Financial Protection Bureau, ordering a halt to agency operations in a challenging environment. A lawsuit filed by Baltimore and the Economic Action Maryland Fund has temporarily blocked his attempts to restrict CFPB funding, resulting in a preliminary injunction. Furthermore, a federal judge has prohibited any layoffs and money transfers within the CFPB until early March, complicating Vought's objectives and raising questions about the agency's future leadership under Jonathan McKernan.
Vought, as head of OMB and acting head of CFPB, has ordered agency workers not to work, complicating his attempted funding cuts amid ongoing lawsuits.
The joint motion on Feb. 13, by the plaintiffs and defendants, prompted a preliminary injunction halting Vought's attempts to disrupt the CFPB's funding.
Judge Amy Berman Jackson's recent ruling prevents the CFPB from laying off staff or altering its reserve fund until at least March 3.
The upcoming leadership of the CFPB under Jonathan McKernan remains uncertain amid the struggle against funding cuts and potential layoffs.
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