New CFPB Chief Must Continue the Fight Against Financial Misconduct, Resume Agency’s Essential Functions
WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) announced yesterday that President Donald Trump has appointed Treasury Secretary Scott Bessent as acting director of the agency. The decision follows the president’s removal of former CFPB Director Rohit Chopra over the weekend. In response, Nadine Chabrier, senior policy counsel at the Center for Responsible Lending (CRL), issued the following statement...