US Treasury chief takes over consumer watchdog, freezes all activity

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US Treasury chief takes over consumer watchdog, freezes all activity

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https://www.reuters.com/world/us/us-treasury-chief-takes-over-consumer-watchdog-freezes-all-activity-2025-02-03/

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Scott Bessent appointed acting chair of CFPB

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Bessent then halted virtually all CFPB activities, according to an email seen by Reuters, including investigations, litigation, rulemaking and public communications

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