Washington, Feb 3, 2025 (AFP) - Treasury chief to temporarily lead US consumer protection bureau

NAMPA / AFP

2025-02-03

US Treasury Secretary Scott Bessent will temporarily head the Consumer Financial Protection Bureau, the agency said Monday, a move set to shake up the watchdog's operations with Bessent reportedly ordering a halt to much of its work. In a memo to staff, he told the bureau to pause its work on conducting investigations and on enforcement actions, among others, US media reported. The development came after President Donald Trump fired the CFPB's pr......

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