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Consumer Financial Protection Bureau shakeup
Changes underway after Donald Trump fires head of Consumer Financial Protection Bureau
The Consumer Financial Protection Bureau is halting its operations amid Scott Bessent's takeover, according to reports.
Trump names Treasury Secretary Scott Bessent as acting director of the Consumer Financial Protection Bureau
Treasury Secretary Scott Bessent will serve as the acting director of the Consumer Financial Protection Bureau (CFPB), the agency announced on Monday."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,
Bessent Freezes Consumer Financial Protection Bureau Work Leaving Lawsuits Against JPMorgan, Bank Of America, Capital One In Limbo
Treasury Secretary Scott Bessent on Monday ordered a halt to the majority of work at the Consumer Financial Protection Bureau after being selected as the acting director of the agency by President Donald Trump.
CFPB halts work
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,
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.
Treasury Secretary Bessent, tapped to run CFPB, orders staff to halt work
Staff at the Consumer Financial Protection Bureau were instructed by email to cease much of their work. Bessent, a wealthy Wall Street investor, replaces Rohit Chopra, who was fired on Saturday.
bankingdive
5h
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 ...
American Banker
4h
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 the agency's staff to put a halt to all rules and enforcement actions.
6h
Bessent, as acting consumer bureau chief, pauses all rules and lawsuits
CFPB staff was told to refrain from issuing public communications, halt activities including rules and settlements and ...
Mises Institute
2d
The Consumer Financial Protection Bureau Harms Those Whom It Claims to Protect
If President Trump is looking for a federal agency to abolish, he needs to look no further than the misnamed Consumer ...
2d
Elizabeth Warren says Trump will have a ‘fight’ if he destroys the CFPB
Massachusetts Sen. Elizabeth Warren says the Trump administration will “have a fight on their hands” if it dismantles her ...
2d
Trump removes Rohit Chopra as director of CFPB
The change in leadership could portend radical changes at one of the nation’s most powerful consumer watchdog agencies.
5d
on MSN
Ted Cruz Leads Republican Charge to Defund Consumer-Protection Agency
The CFPB—tasked to protect consumers from unfair banking practices—was created by Democrats in the wake of the 2008 financial ...
JD Supra
3d
CFPB Proposes a New Rule Prohibiting Certain Contractual Terms for Consumer Financial Products
On January 13, the Consumer Finance Protection Bureau (CFPB) published a new proposed rule attempting to ban certain contractual provisions in ...
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Donald Trump
Scott Bessent
United States Secretary of the Treasury
Wells Fargo
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