Reported about 5 hours ago
U.S. Treasury Secretary Scott Bessent has been appointed acting director of the Consumer Financial Protection Bureau (CFPB) and has halted nearly all agency activities, including investigations and public communications. This move comes after President Trump dismissed previous director Rohit Chopra, who had actively enforced consumer finance laws. Bessent's actions have drawn criticism from Democrats, who view the suspension of enforcement as a setback for consumer protections.
Source: YAHOO