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Consumer Financial Protection Bureau ordered to stop work: What to know about the agency

The acting director of the Consumer Financial Protection Bureau ordered staffers at the agency to stop all work via an email Saturday night after it saw multiple changes throughout the week.

"Effective immediately, unless expressly approved by the Acting Director or required by law, all employees, contractors and other personnel of the bureau shall… cease all supervision and examination activity," Russell Vought, the acting director of the agency, wrote in the email reported by CNN and The New York Times.

Vought, who joined the Office of Management and Budget in January after President Donald Trump took office for a second time, wrote that he cut funding for the agency that protects American consumers.