Regulatory Compliance

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Enforcement experts fear the wild west of a weaker CFPB 

Feb 04, 2025By

Scott Bessent, the new secretary of the Department of the Treasury under the Trump administration, made headlines twice on Monday — once for his appointment as acting director of the Consumer Financial Protecture Bureau (CFPB) and again for his order to CFPB staff to halt all bureau activities.

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Updated 10 months ago