President Donald Trump today named Secretary of the Treasury Scott Bessent as acting director of the U.S. Consumer Financial Protection Bureau (CFPB). On Friday, Trump removed Rohit Chopra as director ...

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

U.S. Department of Treasury Secretary Scott Bessent puts the brakes on rule-making and enforcement as the Consumer Financial ...

Ali Velshi explains how a recent Trump firing could allow him to rollback consumer protections that directly affect the ...

Bank bond spreads against U.S. Treasurys widened and money flowed into most debt issued by major banks on Monday, in a sign ...

On January 30, 2025, the CFPB issued an order against a remittance company for misleading consumers about fees and failing to provide ...

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

CFPB staff was told to refrain from issuing public communications, halt activities including rules and settlements and ...

President Donald Trump on Monday designated Treasury Secretary Scott Bessent with additional duties as acting director of the ...

In a familiar move, President Donald Trump has designated the current head of another executive agency, this time newly sworn ...

After weeks of emptying the shelves at the Consumer Financial Protection Bureau (CFPB) with dozens of enforcement actions, new rules, ...