JD Supra1h
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 ...
Wall Street Is Nervous About Scott Bessent’s Borrowing Plans
The new Treasury secretary has criticized a borrowing strategy that helped calm markets.
The National Law Review23h
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 ...
Bessent tells lawmakers Musk’s DOGE does not control Treasury payments system
The remarks came during a two-hour gathering between the Treasury secretary and GOP members of the House Financial Services ...
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 ...
Bessent Empowered to Freeze CFPB Under Agency's Founding Law
Democrats and consumer advocates slammed Treasury Secretary Scott Bessent over his plans to freeze the Consumer Financial ...
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 ...