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 Treasury Secretary Scott Bessent as the acting director of the Consumer Financial Protection Bureau.
8hon MSN
President Donald Trump on Monday designated Treasury Secretary Scott Bessent with additional duties as acting director of the ...
The secretary replaces Rohit Chopra, who had aggressively sought to expand the bureau’s authority over banks and other ...
Republicans have long criticized the bureau, which they see as an unaccountable regulator with too broad a reach.
Rohit Chopra was one of the more important regulators from the previous Democratic administration who was still on the job ...
Scripps News on MSN4h
CFPB halts all work after director replaced with Trump administration officialTreasury Secretary Scott Bessent has moved to temporarily halt the Consumer Financial Protection Bureau's work investigating ...
Staff at the Consumer Financial Protection Bureau were instructed by email to cease much of their work. Bessent, a wealthy ...
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