- Scott Bessent
  person
- Donald Trump
  person

Treasury chief to temporarily lead US consumer protection bureau

Hindustan Times

Hindustan Times

Summary

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Consumer Financial Protection Bureau has been a target of Republicans for years
The Independent
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The decision to put Scott Bessent in charge of the Consumer Financial Protection Bureau was celebrated by Republican lawmakers as well as the American Bankers Association
NBC News
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Bessent, a former hedge fund manager who was confirmed as head of the U.S. Treasury last week, will presumably lead the CFPB until a permanent pick is named.
CNBC
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The Wall Street Journal reports that Bessent released an email to CFPB staff on Monday telling them to discontinue much of the bureau's work on enforcement and active litigations and to suspend the dates at which new rules still being completed will take effect.
Newsmax

■ Story #197 ▪

issue 88:88 ▪

26 items ▪

8 sources ▪

updated 88:88

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