Treasury Secretary Scott Bessent Appointed as Acting CFPB Director
On January 31, 2025, the CFPB announced President Donald Trump had appointed Scott Bessent as Acting Director of the CFPB. In a brief statement, Bessent expressed his commitment to advancing the administration’s agenda to lower costs for Americans and accelerate economic growth.
But the agency has since been targeted by trade groups who unsuccessfully argued that the CFPB's funding violated the U.S.
The prospect of increased borrowing by a second Trump administration has spooked bond investors in recent months. One major ...
There is no evidence Bessent made the X post attributed to him. The account shown has been suspended, and no credible news reports support the claim.
Treasury Secretary Scott Bessent called for a halt on most of the CFPB's work. It could impact rules on overdraft fees, ...
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Nathan Sheets of Citi discusses U.S. Treasury Secretary Bessent's calls for lower long-term bond yields, saying his 3-3-3 ...
Senator Ron Wyden on Friday accused the Treasury Department of misleading Congress about the level of access into sensitive ...
Treasury Secretary Scott Bessent said Thursday he wouldn’t be commenting on the Federal Reserve’s interest rate policies and expressed confidence in the central bank Chair Jerome Powell, ...
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