The request cited recent reporting from Bloomberg News, which found the names of dead people among those supporting the administration’s proposed rule.
Under Trump, Russell Vought has gutted a consumer watchdog, and in dozens of cases refused to enforce settlements and pursue lawsuits in favor of big businesses like Walmart, Toyota and others.
Russell Vought, Director of the United States Office of Management and Budget, testifies before the Senate Budget Committee inside of the Dirksen Senate Building in Washington, D.C. USA on April 16, 2026. Photographer: Jason Andrew/Bloomberg
In a letter addressed to Russell Vought, the senator asked about the status of Consumer Financial Protection Bureau investigations into companies that collected the old second mortgages.
The seal of the US Consumer Financial Protection Bureau (CFPB) at its headquarters in Washington, DC, US, on Sunday, Feb. 9, 2025. Consumer Financial Protection Bureau acting Director Russell Vought expanded a pause on the agency’s operations to include its examinations of internal records at big banks, fintechs, and other companies and its enforcement investigations. Photographer: Stefani Reynolds/Bloomberg
Debt collectors are blindsiding borrowers with years of back interest on old home loans. States are becoming a flashpoint in the legal battle.
Matthew Kamei feared he'd lose his Germantown, Maryland, home if he didn't agree to a payment plan on a "zombie" loan. The 61-year-old Liberian immigrant received a demand to repay a long-forgotten $72,000 second mortgage — plus years of back interest.
Anmelden
