President Donald Trump nominated Stuart Levenbach, a top aide to Office of Management and Budget Director Russell Vought , to lead the Consumer Financial Protection Bureau on Tuesday.
The move essentially allows Vought to continue serving as acting head of the watchdog agency beyond his 210-day limit under the Federal Vacancies Reform Act. If another person is appointed for the position, the acting director’s term will be extended without needing Senate confirmation.
Recommended Stories
WATCH LIVE: Trump speaks at US-Saudi investment summit
ICE officers planning to increase presence in New York City, Homan says
Trump treading water on Epstein and the economy as MAGA coalition splinters
A CFPB spokesperson confirmed the action was a “technical” maneuver to keep Vought in the r

Washington Examiner 

Reuters US Top
WGN Radio 720 Business
Fast Company
America News
NBC News
Raw Story
AlterNet
Newsweek Video
People Top Story