Breaking: Trump’s Treasury Secretary Halts All CFPB Operations, Putting Pending Lawsuits, Rules on Ice

Breaking: Trump’s Treasury Secretary Halts All CFPB Operations, Putting Pending Lawsuits, Rules on Ice

Treasury Secretary Scott Bessent has ordered a widespread shutdown of operations Monday at the Consumer Financial Protection Bureau (CFPB) following his appointment as acting director Monday after President Donald Trump fired the agency's previous leader Rohit Chopra over the weekend. The news was first reported by Bloomberg Law. According to ...read more