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Trump names Treasury Secretary Scott Bessent acting head of CFPB after firing Chopra

3 February 2025
in World
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Trump names Treasury Secretary Scott Bessent acting head of CFPB after firing Chopra
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President Donald Trump has appointed Treasury Secretary Scott Bessent as the acting director of the Consumer Financial Protection Bureau after firing former head Rohit Chopra. Bessent, a former hedge fund manager, will lead the CFPB until a permanent pick is named. Chopra, who was appointed by former President Joe Biden, clashed with the banking industry over regulations on fees before stepping down on Feb. 1.

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Tags: ActingBanksBESSENTBreaking News: InvestingBreaking News: MarketsBreaking News: PoliticsBusinessbusiness newsCFPBChopraDonald J. TrumpDonald TrumpfiringInvestment strategynamesPoliticsScottScott BessentSecretaryTreasuryTrump
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