US Treasury Secretary Scott Bessent to take the helm at CFPB

The Director of the Consumer Financial Protection Bureau (CFPB) has been replaced with the current US Secretary of the Treasury. US President Donald Trump made the change this week, naming Treasury Secretary Scott Bessent Acting Director of the CPFB, the regulator tasked with enforcing consumer protection in US financial services. Bessent replaces Rohit Chopra, who … Continue reading US Treasury Secretary Scott Bessent to take the helm at CFPB