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 Consumer Financial Protection Bureau, the agency announced. Bessent then halted virtually all CFPB activities,
CFPB staff was told to refrain from issuing public communications, halt activities including rules and settlements and ...
The secretary replaces Rohit Chopra, who had aggressively sought to expand the bureau’s authority over banks and other ...
3hon MSN
President Donald Trump on Monday designated Treasury Secretary Scott Bessent with additional duties as acting director of the ...
The consumer watchdog agency was formed in the wake of the 2008 financial crisis. Elon Musk wants to “delete” it.
In a letter to the Treasury secretary, the Democratic senator warned against meddling with a system that processes trillions ...
U.S. Sen. Elizabeth Warren demanded answers following reports that billionaire Elon Musk took access to the nation's finance ...
President Trump has tapped Treasury Secretary Scott Bessent as the acting chief of the Consumer Financial Protection Bureau ...
Treasury Secretary Scott Bessent, who was named to be acting director of the Consumer Financial Protection Bureau, has told the agency's staff to put a halt to all rules and enforcement actions.
The new Treasury secretary has criticized a borrowing strategy that helped calm markets.
In a familiar move, President Donald Trump has designated the current head of another executive agency, this time newly sworn ...
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