3 days ago · 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.

4 days ago · – On January 31, 2025, President Trump designated Secretary of the Treasury Scott Bessent as Acting Director of the Consumer Financial Protection Bureau (CFPB). “I look forward to working with the CFPB to advance President Trump’s agenda to lower costs for the American people and accelerate economic growth,” said Secretary Bessent.

3 days ago · Treasury Secretary Scott Bessent, now the acting director of the Consumer Financial Protection Bureau, has ordered a halt to a broad swath of activity at the agency. Bessent directed CFPB staff to ...

3 days ago · Treasury Secretary Scott Bessent has shut down a wide variety of operations inside the Consumer Financial Protection Bureau in his new role as acting director. Bessent ordered the CFPB to stop all rulemaking, communications, litigation, and other activities, according to a Monday email to staff obtained by Bloomberg Law.

3 days ago · The Consumer Financial Protection Bureau is halting its operations amid Scott Bessent's takeover, according to reports. New strain in Calif. Get the USA TODAY app Start the day smarter ☀️ 🐍 ...

3 days ago · On Saturday, February 1, 2025, it was announced that President Donald Trump had removed Rohit Chopra as director of the Consumer Financial Protection Bureau (CFPB). In a statement from the CFPB on February 3, 2025, recently confirmed Treasury Secretary Scott Bessent is now the acting director for the CFPB.

4 days ago · President Trump has put Treasury Secretary Scott Bessent in charge of the Consumer Financial Protection Bureau on an acting basis. Two days after firing Rohit Chopra, who was nominated by former ...

3 days ago · Republican lawmakers and the American Bankers Association celebrated the decision to put Scott Bessent in charge of the Consumer Financial Protection Bureau. IE 11 is not supported.

3 days ago · The Consumer Financial Protection Bureau halted much of its work to investigate and penalize corporate wrongdoing Monday, after Treasury Secretary Scott Bessent — tapped to lead the watchdog on ...

3 days ago · Treasury Secretary Scott Bessent is ordering a freeze to work at the Consumer Financial Protection Bureau, after being named its acting director by President Trump CFPB is told to cease efforts on ...