Treasury Secretary Scott Bessent called for a halt on most of the CFPB's work. It could impact rules on overdraft fees, ...

The CFPB is funded independently through the Federal Reserve, but the CFPB director has the power to determine how much money ...

Sinking yields lessened the intense pressure on EM currencies, pressure which had forced 'doom loop' EM currency intervention ...

Newly-confirmed Office of Management and Budget Director Russell Vought, a key architect of Project 2025, has been charged ...

Trump’s newly confirmed budget director told CFPB staff in an email he was their new acting director, according to two people ...

Russell Vought, newly confirmed as the Office of Management and Budget director, is now serving as the Consumer Financial Protection Bureau’s acting head.

The Consumer Financial Protection Bureau is the latest target of Elon Musk's Department of Government Efficiency.

Trump has not indicated who the long-term leader will be, but CFPB directors are appointed to five year terms.

On January 31, 2025, the CFPB announced President Donald Trump had appointed Scott Bessent as Acting Director of the CFPB. In ...

In a desperately needed move this week, President Donald Trump fired Rohit Chopra, director of the Consumer Financial ...

President Donald Trump appointed Treasury Secretary Scott Bessent as acting director of the Consumer Financial Protection ...

The staff at the Consumer Financial Protection Bureau was instructed by email to cease much of its work. Bessent, a wealthy ...