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 ...
ConsumerAffairs3h
Rule capping overdraft fees may be overturned by Congress
A Congressional committee is moving to overturn a new rule that caps overdraft fees. On Friday, the House Financial Services ...
Bessent Freezes Consumer Financial Protection Bureau Work Leaving Lawsuits Against JPMorgan, Bank Of America, Capital One In Limbo
Treasury Secretary Scott Bessent on Monday ordered a halt to the majority of work at the Consumer Financial Protection Bureau ...
Changes underway after Donald Trump fires head of Consumer Financial Protection Bureau
The Consumer Financial Protection Bureau is halting its operations amid Scott Bessent's takeover, according to reports.
bankingdive5h
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 ...
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 ...
Ali Velshi: To Wall Street's delight, Trump fires the man in charge of protecting American consumers
Ali Velshi explains how a recent Trump firing could allow him to rollback consumer protections that directly affect the ...
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 ...
Consumer Financial Protection Bureau Ordered To Stop Work After Trump Says Treasury’s Bessent Now In Charge
The Consumer Financial Protection Bureau was told to cease operations on Monday shortly after President Donald Trump appointed Treasury Director Scott Bessent to serve as the watchdog agency’s acting ...
Treasury Secy. Scott Bessent appointed acting head of CFPB
Treasury Secretary Scott Bessent will also serve as the acting head of the Consumer Financial Protection Bureau (CFPB) after ...
Consumer protections halted as Treasury Secretary takes over acting bureau role
Treasury Secretary Scott Bessent is now the acting head of the US Consumer Financial Protection Bureau, signaling a potential ...