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Trump fires head of Consumer Financial Protection Bureau
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
President Donald Trump has tasked Treasury Secretary Scott Bessent with serving as the acting director of the Consumer Financial Protection Bureau, the agency said Monday.
Consumer Financial Protection Bureau Ordered To Stop Work After Trump Says Treasury’s Bessent Now In Charge
The Consumer Financial Protection Bureau was told to cease operations on Monday shortly after President Donald Trump appointed Treasury Director Scott Bessent to serve as the watchdog agency’s acting director—appeasing Republicans, and tech executives, who have criticized regulations at the agency implemented under the Biden administration.
CFPB halts work
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.
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 Musk wants to “delete” it.
CFPB Comes to a Halt as Trump Continues War on Federal Government
The Consumer Finance Protection Bureau stopped performing its oversight duties as soon as Trump appointed Scott Bessent as acting head, fulfilling the wishes of the country’s most powerful civilian, billionaire Elon Musk.
8h
on MSN
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 ...
11h
Trump appoints the Treasury secretary, a former hedge fund executive, as acting head of consumer protection agency
In what appears to be yet another move to consolidate parts of the federal government, President Donald Trump has appointed ...
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 ...
17h
US consumer bureau won't defend Biden-era rules in court after chief was fired
The U.S. Consumer Financial Protection Bureau is refusing to defend Biden administration-era rules in court after its ...
10h
on MSN
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 ...
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Donald Trump
Scott Bessent
United States Secretary of the Treasury
Wells Fargo
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