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CFPB, Scott Bessent and Trump
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.
CFPB halts work after Trump appoints Bessent as acting head
The consumer watchdog agency was 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.
40m
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 ...
ABC Action News
40m
CFPB halts all work after director replaced with Trump administration official
Treasury Secretary Scott Bessent has moved to temporarily halt the Consumer Financial Protection Bureau's work investigating ...
HousingWire
7h
New CFPB director Bessent orders agency to stop working
In his first official action as acting director of the CFPB, Treasury Secretary Scott Bessent ordered staffers to stop ...
American Banker
5h
Treasury's Bessent tells CFPB staff to stop everything
Treasury Secretary Scott Bessent, who was named to be acting director of the Consumer Financial Protection Bureau, has told the agency's staff to put a halt to all rules and enforcement actions.
5h
on MSN
Data brokers can keep selling your social security number, says new CFPB chief
Treasure Secretary Scott Bessent has been named the Acting Director of the Consumer Financial Protection Bureau (CFPB), the ...
JD Supra
8h
Breaking Down a New Day at the CFPB
After weeks of emptying the shelves at the Consumer Financial Protection Bureau (CFPB) with dozens of enforcement actions, new rules, ...
5h
US Treasury Chief Takes Over Consumer Watchdog, Freezes All Activity
U.S. President Donald Trump on Monday tapped newly confirmed Treasury Secretary Scott Bessent as acting director of the ...
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Related topics
Donald Trump
Consumer Financial Protection Bureau
Rohit Chopra
United States Secretary of the Treasury
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