With the Future Looking Bleak, CFPB Backers Prepare for the `Long Game'

Also, Barr makes the case for broad Fed independence -- and finishing Basel; more executive orders for independent agencies; SEC replaces crypto enforcement unit

Acting CFPB chief Russell Vought hasn’t said much, if anything, publicly about his plans for the consumer bureau. Instead he’s speaking with actions: Ordering staff to stop working, shuttering the headquarters, removing the logo from the door and forgoing the next funding draw from the Fed. By nominating a permanent director, the administration seems to…