Republican presidential nominee former President Donald Trump, left, listens as investor Scott Bessent speaks on the financial system in Asheville, N.C., Wednesday, Aug. 14, 2024.
Matt Kelley | AP
President Donald Trump has made Treasury Secretary Scott Bessent the performing director of the Shopper Monetary Safety Bureau after firing former head Rohit Chopra over the weekend.
Bessent, a former hedge fund supervisor who was confirmed as head of the U.S. Treasury final week, will presumably lead the CFPB till a everlasting decide is known as.
“I look ahead to working with the CFPB to advance President Trump’s agenda to decrease prices for the American individuals and speed up financial progress,” Bessent stated in a CFPB assertion saying his appointment.
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