Responding to the appoointment Secretary Bessent said “I look forward to working with the CFPB to advance President Trump’s agenda to lower costs for the American people and accelerate economic growth”.
Scott Bessent appointed CFPB acting director
President Trump designated the Secretary of the Treasury as the head of the agency following the resignation of Director Rohit Chopra.
Chopra axed at CFPB, Bessent steps in as Acting Director
After widely-predicted move, Bureau will dissolve several pending cases and place activist disposition on ice.
Trump nominates CFTC, OCC, and CFPB heads
Nominated agency heads promise deregulation and rulemaking clarity.
House Financial Services asks agencies to rescind and modify rules
Flurry of letters seeks to remove 'measures that stifle innovation.'
FTC chairman appoints key senior staff
Andrew Ferguson names directors of the bureaus of competition and consumer protection as well as the FTC's general counsel.