Jake Pearson
@JakePearsonProP
D senators press CFPB’s @russvought to justify dropped Navy Federal Credit Union junk fee case — which included $80M to customers. @RubenGallego says the dismissal suggests “commitment to service members is little more than lip service.” Via @KToropin military.com/daily-news/202…
Ex-Chief of enforcement at CFPB writes in @nytimes op-ed that Trump II is unwinding even Trump I cases and settlements, making behind-closed-doors decisions that “effectively pardon corporate wrongdoers.” nytimes.com/2025/05/21/opi…
ANOTHER ONE: Records show a paid political advisor to Elon Musk is simultaneously helping to undo the CFPB for DOGE, earning up to $1M from a Musk LLC while helping dismantle an agency that regulates his boss’s companies. propublica.org/article/doge-e…
WHAT A DETAIL: Congress has slashed CFPB’s budget in half. Trump has effectively shut it down. But OMB boss @russvought — who also runs CFPB — gets a $5M security detail footed by CFPB, per memo obtained by @EricM_Katz. govexec.com/management/202…
IMPACT: Dem senators — citing our reporting along with @politico and @AP — are asking DOJ and IGs to investigate whether DOGE aides detailed to CFPB, IRS and Treasury violated conflict of interest law by taking major actions while holding no-no stocks. propublica.org/article/doge-a…
SEEKING ACTION: The @CampaignLegal files a complaint with the IG based off our reporting, seeking a conflicts-of-interest investigation into DOGE aide who helped dismantle the bureau while holding as much as $715K in no-no stocks. campaignlegal.org/update/holding…
EVEN MORE: The DOGE aide at CFPB warned not to do anything that could boost as much as $715K in his off-limits stock holdings — and then helped fire most of the agency’s staff — is no longer detailed to the agency following our reporting, per @reporterev news.bloomberglaw.com/banking-law/do…
MORE: A @DOGE aide who holds as much as $715K in stocks CFPB employees can’t own was warned not to do anything that could benefit him personally. He helped fire 90% of the CFPB’s staff anyway — including career ethics attorneys who’d raised the conflict. propublica.org/article/cfpb-g…
NEW: A @DOGE aide who helped oversee the mass firings at the Consumer Protection Bureau owns stock in companies that could benefit from the agency’s dismantling. propublica.org/article/doge-c…
