President Donald Trump has tasked Treasury Secretary Scott Bessent with serving as the acting director of the Consumer Financial Protection Bureau, the agency said Monday.

President Donald Trump has made Treasury Secretary Scott Bessent the acting director of the Consumer Financial Protection Bureau after firing former head Rohit Chopra over the weekend. Bessent, a former hedge fund manager who was confirmed as head of the U.

Days after his Senate confirmation, Treasury Secretary Scott Bessent has paid $12.5 million for a historic mansion in Washington, D.C., according to people familiar with the deal.

The U.S. Senate has confirmed billionaire investor Scott Bessent as President Donald Trump’s treasury secretary.

Scott Bessent was sworn in as Treasury Secretary on Tuesday, taking the helm of one of the government agencies most critical to President Donald Trump’s sweeping economic agenda.

Three U.S. Army soldiers were onboard a BlackHawk helicopter that collided with a passenger jet near Ronald Reagan Washington National Airport, U.S. officials said on Wednesday.

Scott Bessent has been an outspoken advocate for digital assets and hopes to being more regulatory clarity and crypto-favourable policies.

The president has named Treasury Secretary Scott Bessent to run the Consumer Financial Protection Bureau on an acting basis after firing CFPB Director Rohit Chopra over the weekend.