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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.
HousingWire
5h
Enforcement experts fear the wild west of a weaker CFPB
While experts say a pause of CFPB actions is nothing to worry about, they are concerned about a potential lack of federal ...
10h
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 ...
17h
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 ...
Cryptopolitan on MSN
6h
Elon Musk’s D.O.G.E targets IRS and CFPB next amid lawsuits and staff doxxing
Elon Musk is going for the kill again. His Department of Government Efficiency (D.O.G.E) just set its sights on the IRS and ...
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 ...
JD Supra
7h
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 ...
Banker & Tradesman
10h
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 ...
16h
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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Related topics
Donald Trump
Elon Musk
Consumer Financial Protection Bureau
United States Secretary of the Treasury
Rohit Chopra
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