Richard Cordray, the first director of the CFPB, told BI that Elon Musk's call to dismantle the agency is a 'direct conflict ...

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

The president has named Treasury Secretary Scott Bessent to run the Consumer Financial Protection Bureau on an acting basis ...

In a desperately needed move this week, President Donald Trump fired Rohit Chopra, director of the Consumer Financial ...

On January 31, 2025, the CFPB announced President Donal Trump had appointed Scott Bessent as Acting Director of the CFPB. In a brief ...

The staff at the Consumer Financial Protection Bureau was instructed by email to cease much of its work. Bessent, a wealthy ...

President Donald Trump has made Treasury Secretary Scott Bessent the acting director of the Consumer Financial Protection ...

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 ...

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.