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CFPB halts work

Trump names Treasury Secretary Scott Bessent acting director of CFPB, as former head Chopra confirms he is out

President Donald Trump appointed Treasury Secretary Scott Bessent the acting director of the Consumer Financial Protection Bureau, Bessent announced in a CFPB statement. Former Director Rohit Chopra posted a letter to Trump on social media platform X confirming that his term at the agency had "concluded.

The Washington Post on MSN · 5h

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.

Iowa Public Radio · 10m

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.

The National Law Review3h

Rohit Chopra Out, Scott Bessent In (Temporarily) at the CFPB

In a familiar move, President Donald Trump has designated the current head of another executive agency, this time newly sworn ...

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 ...

JD Supra23h

Breaking Down a New Day at the CFPB

President Donald Trump fired CFPB Director Rohit Chopra on Feb. 1. While the new administration continues to determine who will be nominated for the full-time role, Treasury Secretary Scott ...

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CFPB halts work

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