Bessent orders halt to consumer bureau activity - POLITICO
19 hours ago · Treasury Secretary Scott Bessent, now the acting director of the Consumer Financial Protection Bureau, has ordered a halt to a broad swath of activity at the agency. Bessent directed CFPB staff to ...
Statement on Designation of Treasury Secretary Scott Bessent as …
1 day ago · – On January 31, 2025, President Trump designated Secretary of the Treasury Scott Bessent as Acting Director of the Consumer Financial Protection Bureau (CFPB). “I look forward to working with the CFPB to advance President Trump’s agenda to lower costs for the American people and accelerate economic growth,” said Secretary Bessent.
New CFPB head, Scott Bessent, orders staff to halt work : NPR
19 hours ago · New CFPB head, Scott Bessent, 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 ...
Bessent Freezes Most CFPB Work Upon Taking Control of Agency …
1 day ago · Bessent’s email called on the CFPB to “suspend the effective dates” for all final rules that haven’t taken effect. Among the rules affected are the agency’s ban on including medical debt on consumer credit reports, which was set to take …
CFPB operations at a halt after Scott Bessent takeover: reports
16 hours ago · Bessent and his aides sent out an email to staffers at the bureau on Monday ordering them to stop conducting probes, implementing rules, providing public communications and other activities ...
Treasury Secretary Bessent, tapped to run CFPB, orders staff to …
21 hours ago · Bessent, a wealthy hedge fund manager, was already expected to be a business-friendly choice to lead the Treasury. Now he will lead the CFPB, the federal consumer watchdog, at least for a time.
Trump Names Scott Bessent, the Treasury Secretary, to Lead the …
23 hours ago · “There are a number of immediate actions Secretary Bessent can take to rescind the partisan policies the former CFPB Director has taken that adversely affect consumers, and we stand ready to ...
Bessent Takes Helm of Consumer Finance Watchdog, Orders Halt …
23 hours ago · In an internal email Monday, Bessent’s office directed CFPB staff to cease much of the bureau’s work, including on enforcement actions and decisions about active litigation. The email also ...
Trump taps Bessent to lead consumer bureau as GOP plots big …
1 day ago · President Trump has tapped Treasury Secretary Scott Bessent as the acting chief of the Consumer Financial Protection Bureau (CFPB). “I look forward to working with the CFPB to advance President ...
Treasury Secretary Bessent named CFPB acting director
1 day ago · The Washington Post, citing a staff email it obtained, said Bessent ordered CFPB staff to cease all work on crafting regulations, enforcing rules and communicating with the public, citing the need to promote consistency with the Trump administration’s goals.
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