Trump appoints the Treasury secretary, a former hedge fund executive, as acting head of consumer protection agency
In what appears to be yet another move to consolidate parts of the federal government, President Donald Trump has appointed ...
Trump Fires Consumer Financial Watchdog Who Drew Ire of Banks
Rohit Chopra departs CFPB after pushing regulations that limited overdraft fees and banned medical debt from credit reports.
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Treasury Secretary Scott Bessent named acting director of consumer watchdog agency
Scott Bessent, the Treasury Secretary, has been tapped by President Trump to be acting director of the Consumer Financial ...
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Treasury's Bessent tells CFPB staff to stop everything
Treasury Secretary Scott Bessent, who was named to be acting director of the Consumer Financial Protection Bureau, has told ...
Ted Cruz Leads Republican Charge to Defund Consumer-Protection Agency
The CFPB—tasked to protect consumers from unfair banking practices—was created by Democrats in the wake of the 2008 financial ...