Bessent, as acting consumer bureau chief, pauses all rules and lawsuits
CFPB staff was told to refrain from issuing public communications, halt activities including rules and settlements and ...
Treasury Secretary Scott Bessent to temporarily oversee Consumer Financial Protection Bureau
President Donald Trump on Monday designated Treasury Secretary Scott Bessent with additional duties as acting director of the ...
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 ...
CFPB halts work after Trump appoints Bessent as acting head
President Donald Trump on Monday appointed Treasury Secretary Scott Bessent as the acting director of the Consumer Financial ...
Investors wade into bank debt as tariffs bite and key bank regulator is replaced
Spreads on bonds issued by major banks widened over U.S. Treasurys and money flowed in on Monday, in a sign that Wall Street is wading into the sector on the heels of President Donald Trump's fresh ...
JD Supra1h
Breaking Down a New Day at the CFPB
After weeks of emptying the shelves at the Consumer Financial Protection Bureau (CFPB) with dozens of enforcement actions, new rules, ...
To Wall Street's delight, Trump fires the man in charge of protecting American consumers
With Rohit Chopra gone, Republicans have the mechanisms to overturn some of the Consumer Financial Protection Bureau's most ...
Boise State Public Radio2h
Treasury Secretary Bessent, tapped to run CFPB, orders staff to halt work
Staff at the Consumer Financial Protection Bureau were instructed by email to cease much of their work. Bessent, a wealthy ...
WAMC2h
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 ...
Consumer Financial Protection Bureau Ordered To Stop Work After Trump Says Treasury’s Bessent Now In Charge
The Consumer Financial Protection Bureau was told to cease operations on Monday shortly after President Donald Trump appointed Treasury Director Scott Bessent to serve as the watchdog agency’s acting ...
Bessent Takes Helm of Consumer Finance Watchdog, Orders Halt to Work
Treasury Secretary Scott Bessent is ordering a freeze to work at the Consumer Financial Protection Bureau, after being named ...