Trump fires head of Consumer Financial Protection Bureau

The Consumer Financial Protection Bureau Is Being Told to Stop Its Work. 5 Ways That Could Impact Consumers Like You.
In its 14 years, the CFPB has created rules limiting credit card late fees and overdraft penalties, protected consumers from unfair lending practices, and much more. Here’s what might happen
Trump names Treasury Secretary Scott Bessent as acting director of the Consumer Financial Protection Bureau
President Donald Trump has tasked Treasury Secretary Scott Bessent with serving as the acting director of the Consumer Financial Protection Bureau, the agency said Monday.
The Consumer Financial Protection Bureau Harms Those Whom It Claims to Protect
If President Trump is looking for a federal agency to abolish, he needs to look no further than the misnamed Consumer Financial Protection Bureau.
Trump Fires Consumer Financial Protection Bureau Head Who Drew Wall Street’s Ire
Rohit Chopra returned over $6 billion into the pockets of everyday people during his tenure as head of the CFPB.
Treasury secretary to temporarily oversee Consumer Financial Protection Bureau
President Donald Trump on Monday designated Treasury Secretary Scott Bessent with additional duties as acting director of the Consumer Financial Protection Bureau after firing Rohit Chopa on Saturday.
Wall Street celebrates as Trump targets consumer protections
Continuing to closely track the threat of oligarchy to democracy, this week we’re tracking Donald Trump’s firing of Rohit Chopra, the chair of the Consumer Financial Protection Bureau (CFPB). Chopra’s ouster—two years before his term was up—has drawn backlash from Democrats and advocates,
Trump Fires the Director of the Consumer Financial Protection Bureau
President Donald Trump has fired the director of the Consumer Financial Protection Bureau, Rohit Chopra, in the latest purge of a Biden administration holdover
Trump Fires CFPB Director Rohit Chopra
Rohit Chopra, head of the top U.S. watchdog agency for consumer finance, announced early Saturday his time in office had ended after President Donald Trump fired him overnight, according to a letter Chopra posted online and a person familiar with the situation.
Trump Fires Consumer Financial Watchdog Who Drew Ire of Banks
Rohit Chopra departs CFPB after pushing regulation that limited overdraft fees and banned medical debt from credit reports.
Trump fires chief of the federal consumer watchdog agency
Rohit Chopra had led the Consumer Financial Protection Bureau since 2021. Consumer groups praised his leadership, while Republicans have frequently attacked the agency.
Elizabeth Warren Urges Trump to Support CFPB Efforts to Fight Debanking
Democratic Senator Elizabeth Warren urged President Donald Trump to work with regulators to stop what she called unjustified ...
HousingWire8h
Mortgage servicers plan for a de-fanged CFPB
Even in a friendlier regulatory environment, it would be unwise to discard established servicing policies and take on risk, ...
Trump's consumer watchdog freezes CFPB activity on first day of job
U.S. Treasury Secretary Scott Bessent, who took over on Monday as President Donald Trump's new acting consumer finance ...
Consumer Financial Protection Bureau Ordered To Stop Work After Trump Says Treasury’s Bessent Now In Charge
The Consumer Financial Protection Bureau was told to cease operations on Monday shortly after President Donald Trump ...
JD Supra1d
CFPB Updates List of Consumer Reporting Companies for 2025
On January 30, the Consumer Financial Protection Bureau (CFPB or Bureau) released its updated list of consumer reporting companies for 2025. The ...
Trump appoints treasury secretary, a former hedge fund executive, as acting head of consumer protection agency
In what appears to be yet another move to consolidate parts of the federal government, President Donald Trump has appointed ...
The Trump-Musk Presidency is killing the CFPB
Just as Elon Musk's X pushes into financial services, the agency responsible for protecting citizens from such companies is ...
JD Supra19h
Troutman Pepper Locke Weekly Consumer Financial Services Newsletter – February 2025
To keep you informed of recent activities, below are several of the most significant federal and state events that have ...