President Donald Trump has made Treasury Secretary Scott Bessent the acting director of the Consumer Financial Protection Bureau after firing former head Rohit Chopra over the weekend. Bessent, a former hedge fund manager who was confirmed as head of the U.

President Donald Trump has fired Rohit Chopra, the director of the Consumer Financial Protection Bureau (CFPB). In a letter posted to X, Chopra confirmed his “term as CFPB Director has concluded.” Chopra was notified of his removal via an email from the White House, according to a report from the Associated Press.

As Republicans mull unwinding Biden-era CFPB policies, Chopra’s strategy seems to have been “to make that as hard as possible by making the list as long as possible,” said a panelist during a Thursday webinar.