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CFPB halts work
CFPB halts work after Trump appoints Bessent as acting head
The Consumer Financial Protection Bureau is a consumer watchdog agency formed in the wake of the 2008 financial crisis. Elon Musk wants to “delete” it.
Treasury Secretary Bessent, tapped to run CFPB, orders staff to halt work
Staff at the Consumer Financial Protection Bureau were instructed by email to cease much of their work. Bessent, a wealthy Wall Street investor, replaces Rohit Chopra, who was fired on Saturday.
Trump appoints the Treasury secretary, a former hedge fund executive, as acting head of consumer protection agency
In what appears to be yet another move to consolidate parts of the federal government, President Donald Trump has appointed Treasury Secretary Scott Bessent as the acting director of the Consumer Financial Protection Bureau.
2h
on MSN
Trump's consumer watchdog freezes CFPB activity on first day of job
U.S. Treasury Secretary Scott Bessent, who took over on Monday as President Donald Trump's new acting consumer finance ...
bankingdive
3h
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 ...
7h
on MSN
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 ...
3h
on MSN
Consumer Financial Protection Bureau shakeup: Chopra out, Bessent in charge
Trump fired Rohit Chopra, the agency's director and a Biden appointee, over the weekend and installed Scott Bessent, a ...
8h
US consumer bureau won't defend Biden-era rules in court after chief was fired
The U.S. Consumer Financial Protection Bureau is refusing to defend Biden administration-era rules in court after its ...
8h
on MSN
Trump taps Bessent to lead consumer bureau as GOP plots big changes
President Trump has tapped Treasury Secretary Scott Bessent as the acting chief of the Consumer Financial Protection Bureau ...
4h
Bessent, as acting consumer bureau chief, pauses all rules and lawsuits
CFPB staff was told to refrain from issuing public communications, halt activities including rules and settlements and ...
2d
Elizabeth Warren says Trump will have a ‘fight’ if he destroys the CFPB
Massachusetts Sen. Elizabeth Warren says the Trump administration will “have a fight on their hands” if it dismantles her ...
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Donald Trump
Scott Bessent
United States Secretary of the Treasury
Wells Fargo
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