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Trump appoints Treasury secretary
Trump appoints the Treasury secretary, a former hedge fund executive, as acting head of consumer protection agency
In what appears to be yet another move to consolidate parts of the federal government, President Donald Trump has appointed Treasury Secretary Scott Bessent as the acting director of the Consumer Financial Protection Bureau.
Treasury secretary to temporarily oversee Consumer Financial Protection Bureau
President Donald Trump on Monday designated Treasury Secretary Scott Bessent with additional duties as acting director of the Consumer Financial Protection Bureau after firing Rohit Chopa on Saturday.
Trump Names Scott Bessent, the Treasury Secretary, to Lead the Consumer Bureau
The secretary replaces Rohit Chopra, who had aggressively sought to expand the bureau’s authority over banks and other financial firms.
Elon Musk, Treasury
Senator warns of national security risks after Elon Musk’s DOGE granted ‘full access’ to sensitive Treasury systems
A senior U.S. lawmaker says representatives of Elon Musk were granted “full access” to a U.S. Treasury payments system used to disperse trillions of dollars to Americans each year, and warned that Musk’s access to the system poses a “national security risk.”
Treasury Dept. gives Elon Musk's team access to federal payment system: Sources
If Elon Musk or his DOGE team were to attempt to block federal payments, it would likely face legal challenges given the money is approved by Congress.
Musk aides gain access to sensitive Treasury Department payment system
The access, granted by Scott Bessent, Trump’s newly confirmed treasury secretary, comes after the ousting of the agency’s top career official.
1d
on MSN
How an arcane Treasury Department office became ground zero in the war over federal spending
A few weeks before Donald Trump was sworn in as president, members of his transition team went to the Treasury Department to ...
44m
on MSN
How Elon Musk is transforming American government
Elon Musk isn't just President Donald Trump's biggest financial backer and sidekick in the new administration. He is now ...
8h
Treasury Department exits global regulatory climate coalition
The Treasury’s Federal Insurance Office withdrew from the Network of Central Banks and Supervisors for Greening the Financial ...
American Banker
8h
How Elon Musk's influence could upend Treasury payments
As Elon Musk and his associates gain access to internal computers, Oregon Democratic Sen. Ron Wyden slammed the move and said ...
2d
Treasury official quits after resisting Musk’s requests on payments
The Trump administration pushed out a top Treasury Department official this week after he refused to give Elon Musk’s ...
7h
Warren blasts Treasury Secretary Bessent on Elon Musk weekend data grab
U.S. Sen. Elizabeth Warren demanded answers following reports that billionaire Elon Musk took access to the nation's finance ...
American Banker
4d
FDIC's Synapse rule, a Treasury breach: Top tech news January 2025
Pressing tech items across banking include the Federal Deposit Insurance Corp.'s impending Synapse rule and Regions Bank's ...
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