Treasury Secretary Scott Bessent Appointed as Acting CFPB Director
On January 31, 2025, the CFPB announced President Donald Trump had appointed Scott Bessent as Acting Director of the CFPB. In a brief statement, Bessent expressed his commitment to advancing the administration’s agenda to lower costs for Americans and accelerate economic growth.
Trump’s newly confirmed budget director told CFPB staff in an email he was their new acting director, according to two people ...
The CFPB is funded independently through the Federal Reserve, but the CFPB director has the power to determine how much money ...
President Donald Trump terminated Rohit Chopra’s tenure as the Director of the Consumer Financial Protection Bureau (CFPB).
Time will tell what Trump has in store for the CFPB. For now, consumers can still access the bureau’s many educational ...
The change in leadership could portend radical changes at one of the nation’s most powerful consumer watchdog agencies.
Rohit Chopra was one of the more important regulators from the previous Democratic administration who was still on the job ...
The Consumer Financial Protection Bureau is the latest target of Elon Musk's Department of Government Efficiency.
President Donald Trump has fired the director of the Consumer Financial Protection Bureau, Rohit Chopra, in the latest purge ...
The Consumer Financial Protection Bureau, now led by Treasury Secretary Scott Bessent, agreed to temporarily halt enforcement ...
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