What is the Consumer Financial Protection Bureau, and why is it a Trump target?
The Consumer Financial Protection Bureau was established to root out corporate wrongdoing after the 2008 crash. The Trump administration has moved to weaken it.
Treasury secretary to temporarily oversee Consumer Financial Protection Bureau
President Donald Trump on Monday designated Treasury Secretary Scott Bessent with additional duties as acting director of the Consumer Financial Protection Bureau after firing Rohit Chopa on Saturday.
White House Orders Consumer Protection Agency Shutdown
The Trump administration orders a shutdown of the Consumer Financial Protection Bureau, halting inquiries and new rules.
Changes underway after Donald Trump fires head of Consumer Financial Protection Bureau
The Consumer Financial Protection Bureau is halting its operations amid Scott Bessent's takeover, according to reports.
Trump names Scott Bessent acting head of the Consumer Finance Protection Bureau
President Trump on Monday named Treasury Secretary Scott Bessent as the acting director of the Consumer Financial Protection Bureau, replacing former Director Rohit Chopra, who was fired over the weekend.
Union Sues Trump For Trying To Shut Down Consumer Financial Protection Bureau
The National Treasury Employees Union says the president is violating the constitutional separation of powers.
US consumer protection bureau upheaval leaves consumers adrift, experts say
The job of policing financial firms for compliance with consumer protection laws has functionally disappeared,
Is Trump hurting or helping Americans by freezing Consumer Financial Protection Bureau?
The Trump administration's got its eyes on the Consumer Financial Protection Bureau. What's at stake for Americans? Experts weigh in.
Consumer protection agency neutralized by Trump's new chief
The U.S. Consumer Financial Protection Bureau was defanged over the weekend with all activities suspended, its upcoming funding facing a cut and its headquarters temporarily closed, removing a layer of oversight over consumer-facing financial companies.
Project 2025 co-author shuts down operations at consumer protection agency
If you have a bank account, or a credit card, or a mortgage, or a student loan, this is a code red," Elizabeth Warren said. "I am ringing the alarm bell."
Trump Names Scott Bessent, the Treasury Secretary, to Lead the Consumer Bureau
The secretary replaces Rohit Chopra, who had aggressively sought to expand the bureau’s authority over banks and other ...
Trump administration pauses work of consumer watchdog and names Scott Bessent as acting head
In an email sent from acting director Scott Bessent, employees were told to pause all work related to issuing rules, ...
Bessent orders halt to consumer bureau activity
Republicans have long criticized the bureau, which they see as an unaccountable regulator with too broad a reach.
Dismantling the CFPB would turn the consumer finance world into the 'wild, wild west,' its former director says
Richard Cordray, the first director of the CFPB, told BI that Elon Musk's call to dismantle the agency is a 'direct conflict ...
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 ...
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Consumer Financial Protection Bureau shakeup: Chopra out, Bessent in charge
The Consumer Financial Protection Bureau ... over the weekend and installed Scott Bessent, a billionaire hedge fund manager who now serves as treasury secretary, as acting director.
Trump names Treasury Secretary Scott Bessent acting director of CFPB, as former head Chopra confirms he is out
President Donald Trump has made Treasury Secretary Scott Bessent the acting director of the Consumer Financial Protection ...