The Consumer Financial Protection Bureau is a consumer watchdog agency formed in the wake of the 2008 financial crisis. Elon ...
The staff at the Consumer Financial Protection Bureau was instructed by email to cease much of its work. Bessent, a wealthy ...
But the agency has since been targeted by trade groups who unsuccessfully argued that the CFPB's funding violated the U.S.
In a desperately needed move this week, President Donald Trump fired Rohit Chopra, director of the Consumer Financial ...
The president has named Treasury Secretary Scott Bessent to run the Consumer Financial Protection Bureau on an acting basis ...
President Donald Trump designated Secretary of the Treasury Scott Bessent as Acting Director of the Consumer Financial ...
The Trump administration said Scott Bessent, the recently appointed Treasury secretary, will also serve as acting director for the CFPB.
Bessent directed CFPB staff to stop all rulemaking and suspend the effective dates of rules that haven’t gone into effect yet, in an email to agency staff on Monday obtained by POLITICO.
As expected, the Trump administration formally terminated CFPB director Rohit Chopra over the weekend. And also as expected, President Trump used ...
Contending that he wants to ensure that the CFPB is in line with Trump Administration policies, acting bureau Director Scott Bessent has ...
Treasury Secretary Scott Bessent belatedly slipped a protection for Big Tech firms, and in particular Elon Musk’s X, into his ...
Bessent, a wealthy hedge fund manager, was already expected to be a business-friendly choice to lead the Treasury. Now he will lead the CFPB, the federal consumer watchdog, at least for a time.