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Trump names Treasury secretary Scott Bessent as acting director of the CFPB

The Consumer Financial Protection Bureau (CFPB) announced on Monday that Scott Bessent, the recently appointed secretary for the U.S. Department of the Treasury, will also serve as acting director for the CFPB following the firing of Rohit Chopra over the weekend.

“On Jan. 31, 2025, President Trump designated Secretary of the Treasury Scott Bessent as acting director of the [CFPB],” the bureau announced on Monday.

Initial reports had suggested that Zixta Martinez, the bureau’s deputy director, would be assuming the role of acting director. Instead, Trump named Bessent, an details ⇒

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