American Banker2d
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 ...
JD Supra4h
Acting CFPB Director Bessent tells CFPB staff to stop virtually all work
Contending that he wants to ensure that the CFPB is in line with Trump Administration policies, acting bureau Director Scott Bessent has ...
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 ...
Elizabeth Warren urges Trump to support CFPB efforts to fight debanking
The Massachusetts senator urged President Trump to work with regulators to stop what she called unjustified closing of bank ...
JD Supra1d
Chopra Out. Bessent In (for Now). What’s Next at the CFPB?
As expected, the Trump administration formally terminated CFPB director Rohit Chopra over the weekend. And also as expected, President Trump used ...
US Treasury chief takes over consumer watchdog, freezes all activity
U.S. President Donald Trump on Monday tapped newly confirmed Treasury Secretary Scott Bessent as acting director of the ...