JD Supra2h
Acting CFPB Director Bessent tells CFPB staff to stop virtually all work
Contending that he wants to ensure that the CFPB is in line with Trump Administration policies, acting bureau Director Scott Bessent has ...
American Banker2d
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 ...
bankingdive24m
CFPB fines Wise $2.5M over remittance violations
In one of the bureau's final actions under former Director Rohit Chopra's leadership, the CFPB said Wise misled customers in the U.S. about fees and failed to make other required disclosures.
JD Supra1d
Chopra Out. Bessent In (for Now). What’s Next at the CFPB?
As expected, the Trump administration formally terminated CFPB director Rohit Chopra over the weekend. And also as expected, President Trump used ...