Treasury Secretary Scott Bessent named acting director of consumer watchdog agency

Bessent, a wealthy Wall Street investor, replaces Rohit Chopra, who was fired on Saturday.

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Feb 3, 2025 - 11:45
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Treasury Secretary Scott Bessent named acting director of consumer watchdog agency
Scott Bessent, the Treasury Secretary, has been tapped by President Trump to be acting director of the Consumer Financial Protection Bureau. Bessent is seen here at the Capitol in Washington last month.

Bessent, a wealthy Wall Street investor, replaces Rohit Chopra, who was fired on Saturday.

(Image credit: J. Scott Applewhite/AP)

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