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Trump taps Bessent to lead consumer bureau

Los Angeles Daily News · 20h

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 participation in litigation proceedings.

The New York Times · 1d

Trump Names Scott Bessent, the Treasury Secretary, to Lead the Consumer Bureau

The secretary replaces Rohit Chopra, who had aggressively sought to expand the bureau’s authority over banks and other financial firms.

Fox Business · 1d

Trump names Treasury Secretary Scott Bessent as acting director of the Consumer Financial Protection Bureau

President Donald Trump has tasked Treasury Secretary Scott Bessent with serving as the acting director of the Consumer Financial Protection Bureau, the agency said Monday.

elon musk, scott bessent and elizabeth warren

The New York Times · 1d

Warren Questions Bessent Over Musk Access to Treasury Payment System

In a letter to the Treasury secretary, the Democratic senator warned against meddling with a system that processes trillions of dollars of transactions.

Warren blasts Treasury Secretary Bessent on Elon Musk weekend data grab

U.S. Sen. Elizabeth Warren demanded answers following reports that billionaire Elon Musk took access to the nation's finance system, including sensitive financial data of nearly all Americans.

POLITICO on MSN · 20h

Bessent tells lawmakers Musk's DOGE does not control Treasury payments system

The remarks came during a two-hour gathering between the Treasury secretary and GOP members of the House Financial Services Committee.

14h

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 ...

23hon MSN

CFPB halts work after Trump appoints Bessent as acting head

The Consumer Financial Protection Bureau is a consumer watchdog agency formed in the wake of the 2008 financial crisis. Elon ...

Trump Fires CFPB Director Rohit Chopra, Announces Bessent as Successor

In a significant and highly anticipated move, President Donald Trump has fired Rohit Chopra, the Director of the Consumer ...

1d

Bessent Takes the Helm on US Debt Sales After Blasting Yellen

After repeatedly blasting Janet Yellen last year over her department’s strategy for issuing federal debt, it’s now up to ...

2don MSN

Wall Street Is Nervous About Scott Bessent’s Borrowing Plans

The prospect of increased borrowing by a second Trump administration has spooked bond investors in recent months. One major ...

Chopra Out. Bessent In (for Now). What’s Next at the CFPB?

As expected, the Trump administration formally terminated CFPB director Rohit Chopra over the weekend. And also as expected, President Trump used ...

14h

Bessent Empowered to Freeze CFPB Under Agency's Founding Law

Democrats and consumer advocates slammed Treasury Secretary Scott Bessent over his plans to freeze the Consumer Financial ...

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