Scott Bessent, the Treasury Secretary, has been tapped by President Trump to be acting director of the Consumer Financial ...

Staff at the Consumer Financial Protection Bureau were instructed by email to cease much of their work. Bessent, a wealthy ...

Like other government financial agencies, the Federal Reserve Banks have an Office of Minority and Women Inclusion focused on ...

A Congressional committee is moving to overturn a new rule that caps overdraft fees. On Friday, the House Financial Services ...

Treasury Secretary Scott Bessent on Monday ordered a halt to the majority of work at the Consumer Financial Protection Bureau ...

Insufficient funds transactions occur when consumers issue a payment order (a check, some other written order or an electronic debit) against funds ...

President Donald Trump designated Treasury Secretary Scott Bessent as the bureau’s acting chief, according to a statement ...

"We’re hopeful that Secretary Bessent will take into account the real-world ramifications regulations have on America’s ...

The secretary replaces Rohit Chopra, who had aggressively sought to expand the bureau’s authority over banks and other ...

Spreads on bonds issued by major banks widened over U.S. Treasurys and money flowed in on Monday, in a sign that Wall Street is wading into the sector on the heels of President Donald Trump's fresh ...

After weeks of emptying the shelves at the Consumer Financial Protection Bureau (CFPB) with dozens of enforcement actions, new rules, ...

With Rohit Chopra gone, Republicans have the mechanisms to overturn some of the Consumer Financial Protection Bureau's most ...