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CFPB

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Video: Haridopolos criticizes Democratic remarks on Vought at CFPB hearing

B Grade

Political Lean 60% Right-leaning

Haridopolos criticizes Democratic remarks on Vought at CFPB hearing

Jul 21, 2026

The video shows a House Financial Services Committee hearing segment with Russell Vought testifying as Acting CFPB Director. A Democratic member criticizes Vought's testimony as inadequate and requests a minority day hearing with additional witnesses. Chairman reminds members of decorum rules. Mike Haridopolos then speaks, expressing disappointment in comments directed at Vought, noting other regulators' roles, and referencing fraud issues.

Source: Forbes Breaking News

Video: Rep. Young Kim Questions Acting CFPB Director Vought on CDFI Funds, Small-Dollar Lending and Fraud Prevention

A- Grade

Political Lean 10% Right-leaning

Rep. Young Kim Questions Acting CFPB Director Vought on CDFI Funds, Small-Dollar Lending and Fraud Prevention

Jul 21, 2026

The Forbes clip shows Rep. Young Kim (R-CA) questioning Acting CFPB Director Russell Vought during a House hearing. Kim discusses CDFI Fund impacts in her district, Capital Magnet Fund distributions, her Small Dollar Loan Certainty Act, and CFPB efforts on financial literacy and fraud prevention. Vought responds that CDFI funds have been apportioned, a small-dollar rule is on the agenda, and the agency runs webinars with emphasis on self-reporting and remediation. The segment ends with Kim offering to partner on education and an invitation for written answers on scams.

Source: Forbes Breaking News

Video: Warren criticizes Vought-led CFPB for dropping enforcement actions worth billions

C+ Grade

Political Lean 78% Left-leaning

Warren criticizes Vought-led CFPB for dropping enforcement actions worth billions

Jul 17, 2026

Sen. Elizabeth Warren delivered opening remarks at a July 16, 2026 Senate Banking Committee hearing grilling Acting CFPB Director Russ Vought. She accused the Trump administration of widespread corruption, family enrichment via crypto, selling pardons, and using the CFPB to favor donors by dropping enforcement actions. Warren highlighted specific dropped cases involving Navy Federal, Zelle, Regions Bank, and Capital One, claiming they cost families $26.5 billion and contrasted this with the agency's prior $21 billion in consumer redress since 2011. She tied actions to billionaire donors and Trump's unfulfilled day-one price promises amid rising costs. The segment is a partisan Democratic critique aired on Forbes Breaking News.

Source: Forbes Breaking News