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Scott Bessent, CFPB and Treasury
CFPB: New Treasury Secretary Scott Bessent Deployed to Fix What Rohit Chopra Broke
In a desperately needed move this week, President Donald Trump fired Rohit Chopra, director of the Consumer Financial Protection Board (CFPB), and installed Treasury Secretary Scott Bessent as acting director.
Trump names Treasury Secretary Scott Bessent as acting director of the Consumer Financial Protection Bureau
President Donald Trump has tasked Treasury Secretary Scott Bessent with serving as the acting director of the Consumer Financial Protection Bureau, the agency said Monday.
Treasury Secretary Bessent, tapped to run CFPB, orders staff to halt work
The staff at the Consumer Financial Protection Bureau was instructed by email to cease much of its work. Bessent, a wealthy Wall Street investor, replaces Rohit Chopra, who was fired on Saturday.
CFPB, Trump
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.
Trump's consumer watchdog freezes CFPB activity on first day of job
U.S. Treasury Secretary Scott Bessent, who took over on Monday as President Donald Trump's new acting consumer finance watchdog, has halted virtually all pending activities at the U.S. Consumer Financial Protection Bureau,
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 Consumer Financial Protection Bureau, the agency announced. Bessent then halted virtually all CFPB activities,
1d
on MSN
What CFPB Halt Means for Medical Debt Forgiveness for Millions of Americans
The halt means the Consumer Financial Protection Bureau will cease crafting regulations or enforcing any rules or ...
HousingWire
9h
Enforcement experts fear the wild west of a weaker CFPB
While experts say a pause of CFPB actions is nothing to worry about, they are concerned about a potential lack of federal ...
JD Supra
7h
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 ...
American Banker
13h
House tees up resolution to nullify CFPB's overdraft cap
The House Financial Services Committee released a draft resolution under the Congressional Review Act to cancel the Consumer ...
bankingdive
1d
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 ...
JD Supra
7h
CFPB orders remittance transfer provider to pay almost $2.5 million for alleged illegal activities
On January 30, 2025, the CFPB ordered Wise, an international remittance company, to pay almost $2.5 million in connection with allegations of ...
15h
on MSN
Tech’s Trump Backers—Zuckerberg, Musk—Hate CFPB. It’s Now Been Paused.
Treasury Secretary Scott Bessent ordered the Consumer Financial Protection Bureau to halt work Monday, following months of ...
Opinion
1d
on MSN
Opinion
Chopra’s CFPB exit comes as lawmakers mull changes to its structure
The departure of the CFPB director comes as congressional Republicans look at changes to the agency and Democrats defend it.
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Related topics
Donald Trump
Elon Musk
Consumer Financial Protection Bureau
Scott Bessent
Rohit Chopra
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