But the agency has since been targeted by trade groups who unsuccessfully argued that the CFPB's funding violated the U.S.

The staff at the Consumer Financial Protection Bureau was instructed by email to cease much of its work. Bessent, a wealthy ...

The Consumer Financial Protection Bureau is a consumer watchdog agency formed in the wake of the 2008 financial crisis. Elon ...

Newly confirmed Treasury Secretary Scott Bessent is now also the acting director of the Consumer Financial Protection Bureau.

The CFPB is funded independently through the Federal Reserve, but the CFPB director has the power to determine how much money ...

On January 31, 2025, the CFPB announced President Donald Trump had appointed Scott Bessent as Acting Director of the CFPB. In ...

Newly-confirmed Office of Management and Budget Director Russell Vought, a key architect of Project 2025, has been charged ...

In a desperately needed move this week, President Donald Trump fired Rohit Chopra, director of the Consumer Financial ...

The president has named Treasury Secretary Scott Bessent to run the Consumer Financial Protection Bureau on an acting basis ...

President Donald Trump designated Secretary of the Treasury Scott Bessent as Acting Director of the Consumer Financial ...

In his first official action as acting director of the CFPB, Treasury Secretary Scott Bessent ordered staffers to stop ...

The Trump administration said Scott Bessent, the recently appointed Treasury secretary, will also serve as acting director for the CFPB.