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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.
Breaking: Treasury Secretary Bessent Heads Consumer Financial Protection Bureau, Immediately Orders Freeze of CFPB Activities
On Saturday, February 1, 2025, it was announced that President Donald Trump had removed Rohit Chopra as director of the Consumer Financial Protection Bureau (CFPB). In a statement from the CFPB on February 3,
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.
12h
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 ...
5h
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
2h
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.
The National Law Review
1d
Rohit Chopra Out, Scott Bessent In (Temporarily) at the CFPB
In a familiar move, President Donald Trump has designated the current head of another executive agency, this time newly sworn ...
23h
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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