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CFPB halts work
CFPB: New Treasury Secretary Scott Bessent Deployed to Fix What Rohit Chopra Broke
In a desperately needed move this week, President Donald Trump fired Rohit Chopra, director of the Consumer Financial Protection Board (CFPB), and installed Treasury Secretary Scott Bessent as acting director.
Treasury Secretary Bessent, tapped to run CFPB, orders staff to halt work
The staff at the Consumer Financial Protection Bureau was instructed by email to cease much of its 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.
1d
on MSN
What CFPB Halt Means for Medical Debt Forgiveness for Millions of Americans
The halt means the Consumer Financial Protection Bureau will cease crafting regulations or enforcing any rules or ...
HousingWire
13h
Enforcement experts fear the wild west of a weaker CFPB
While experts say a pause of CFPB actions is nothing to worry about, they are concerned about a potential lack of federal ...
JD Supra
11h
Trump Fires CFPB Director Rohit Chopra, Announces Bessent as Successor
In a significant and highly anticipated move, President Donald Trump has fired Rohit Chopra, the Director of the Consumer ...
1d
on MSN
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 ...
1d
on MSN
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 ...
JD Supra
11h
CFPB orders remittance transfer provider to pay almost $2.5 million for alleged illegal activities
On January 30, 2025, the CFPB ordered Wise, an international remittance company, to pay almost $2.5 million in connection with allegations of ...
bankingdive
1d
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
17h
House tees up resolution to nullify CFPB's overdraft cap
The House Financial Services Committee released a draft resolution under the Congressional Review Act to cancel the Consumer ...
18h
on MSN
Tech’s Trump Backers—Zuckerberg, Musk—Hate CFPB. It’s Now Been Paused.
Treasury Secretary Scott Bessent ordered the Consumer Financial Protection Bureau to halt work Monday, following months of ...
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Related topics
Donald Trump
Elon Musk
Consumer Financial Protection Bureau
Scott Bessent
Rohit Chopra
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