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President Donald Trump on Monday appointed Treasury Secretary Scott Bessent as the acting director of the Consumer Financial Protection Bureau, a powerful watchdog agency whose operations Bessent immediately halted pending a review.
CFPB halts work after Trump appoints Bessent as acting head
The consumer watchdog agency was formed in the wake of the 2008 financial crisis. Elon Musk wants to “delete” it.
www.washingtonpost.com
February 3, 2025 at 6:10 PM
President Donald Trump on Monday appointed Treasury Secretary Scott Bessent as the acting director of the Consumer Financial Protection Bureau, a powerful watchdog agency whose operations Bessent immediately halted pending a review.