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Trump names Treasury Secretary Scott Bessent
Trump names Treasury Secretary Scott Bessent acting director of CFPB, as former head Chopra confirms he is out
President Donald Trump appointed Treasury Secretary Scott Bessent the acting director of the Consumer Financial Protection Bureau, Bessent announced in a CFPB statement. Former Director Rohit Chopra posted a letter to Trump on social media platform X confirming that his term at the agency had "concluded.
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.
Treasury Secretary Bessent, tapped to run CFPB, orders staff to halt work
The staff at the Consumer Financial Protection Bureau was instructed by email to cease much of its work. Bessent, a wealthy Wall Street investor, replaces Rohit Chopra, who was fired on Saturday.
Consumer Financial Protection Bureau, Scott Bessent
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 its acting director by President Trump
US Treasury Chief Takes Over Consumer Watchdog, Freezes All Activity
U.S. President Donald Trump on Monday tapped newly confirmed Treasury Secretary Scott Bessent as acting director of the Consumer Financial Protection Bureau, the agency announced. Bessent then halted virtually all CFPB activities,
Bessent tapped to be acting consumer bureau chief
Republicans have long criticized the bureau, which they see as an unaccountable regulator with too broad a reach.
4h
on MSN
Tech’s Trump Backers—Zuckerberg, Musk—Hate CFPB. It’s Now Been Paused.
Treasury Secretary Scott Bessent ordered the Consumer Financial Protection Bureau to halt work Monday, following months of ...
JD Supra
2h
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 ...
HousingWire
2h
Chopra’s parting shot: A CFPB blueprint for state-level enforcement with teeth
In one of the final reports by the CFPB issued under Rohit Chopra’s regime, the bureau outlines how state-level regulators can better protect consumers.
The National Law Review
1d
Rohit Chopra Out, Scott Bessent In (Temporarily) at the CFPB
In a familiar move, President Donald Trump has designated the current head of another executive agency, this time newly sworn ...
Banker & Tradesman
4h
What Does Halt to CFPB Work Mean for Mass. Banks?
The future of the nation's top consumer financial regulator is in doubt, and that's opening questions about the impact on ...
HousingWire
1d
New CFPB director Bessent orders agency to stop working
In his first official action as acting director of the CFPB, Treasury Secretary Scott Bessent ordered staffers to stop ...
bankingdive
23h
Chopra leaves CFPB in widely expected move
President Donald Trump designated Treasury Secretary Scott Bessent as the bureau’s acting chief, according to a statement ...
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Related topics
Donald Trump
Consumer Financial Protection Bureau
United States Secretary of the Treasury
Rohit Chopra
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