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CFPB halts work
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.
President Trump fires Rohit Chopra as Director of the CFPB and appoints Treasury Secretary Bessent as acting director
Although many pundits speculated that President Trump would appoint Russell Vought as Acting Director once Vought is confirmed by the Senate to
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.
Consumer Financial Protection Bureau, Scott Bessent
Bessent Takes Helm of Consumer Finance Watchdog, Orders Halt to Work
Treasury Secretary Scott Bessent is ordering a freeze to work at the Consumer Financial Protection Bureau, after being named its acting director by President Trump
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,
Bessent tapped to be acting consumer bureau chief
Republicans have long criticized the bureau, which they see as an unaccountable regulator with too broad a reach.
6h
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 ...
JD Supra
3h
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 ...
HousingWire
3h
Chopra’s parting shot: A CFPB blueprint for state-level enforcement with teeth
In one of the final reports by the CFPB issued under Rohit Chopra’s regime, the bureau outlines how state-level regulators can better protect consumers.
18h
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 ...
1d
on MSN
Data brokers can keep selling your social security number, says new CFPB chief
Treasure Secretary Scott Bessent has been named the Acting Director of the Consumer Financial Protection Bureau (CFPB), the ...
HousingWire
1d
New CFPB director Bessent orders agency to stop working
In his first official action as acting director of the CFPB, Treasury Secretary Scott Bessent ordered staffers to stop ...
Banker & Tradesman
5h
What Does Halt to CFPB Work Mean for Mass. Banks?
The future of the nation's top consumer financial regulator is in doubt, and that's opening questions about the impact on ...
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Related topics
Donald Trump
Elon Musk
Rohit Chopra
Consumer Financial Protection Bureau
United States Secretary of the Treasury
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