Trump Names Scott Bessent, the Treasury Secretary, to Lead the Consumer Bureau
The secretary replaces Rohit Chopra, who had aggressively sought to expand the bureau’s authority over banks and other ...
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 ...
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 Scott Bessent to temporarily oversee Consumer Financial Protection Bureau
President Donald Trump on Monday designated Treasury Secretary Scott Bessent with additional duties as acting director of the ...
Trump administration pauses work of consumer watchdog and names Scott Bessent as acting head
In an email sent from acting director Scott Bessent, employees were told to pause all work related to issuing rules, ...
Warren blasts Treasury Secretary Bessent on Elon Musk weekend data grab
U.S. Sen. Elizabeth Warren demanded answers following reports that billionaire Elon Musk took access to the nation's finance ...
Warren Questions Bessent Over Musk Access to Treasury Payment System
In a letter to the Treasury secretary, the Democratic senator warned against meddling with a system that processes trillions ...
Wall Street Is Nervous About Scott Bessent’s Borrowing Plans
The new Treasury secretary has criticized a borrowing strategy that helped calm markets.
American Banker1d
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 ...
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 ...
JD Supra9h
Trump Fires CFPB Director Rohit Chopra, Announces Bessent as Successor
In a significant and highly anticipated move, President Donald Trump has fired Rohit Chopra, the Director of the Consumer ...