CFPB halts work after Trump appoints Bessent as acting head
The Consumer Financial Protection Bureau is a consumer watchdog agency formed in the wake of the 2008 financial crisis. Elon ...
Treasury Secretary Scott Bessent to temporarily oversee Consumer Financial Protection Bureau
President Donald Trump on Monday designated Treasury Secretary Scott Bessent with additional duties as acting director of the ...
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 ...
The National Law Review50m
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 ...
JD Supra19m
CFPB Orders Remittance Company to Pay $2.5 Million for Deceptive Practices and Inaccurate Disclosures
On January 30, 2025, the CFPB issued an order against a remittance company for misleading consumers about fees and failing to provide ...
Investing51m
Treasury Secretary Bessent named acting CFPB director, key rulings on hold
President Trump has appointed Treasury Secretary Scott Bessent as the acting director of the Consumer Financial Protection Bureau (CFPB), a move which is expected to result in the halting of certain ...