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Market Chatter: Treasury Secretary Bessent to Temporarily Lead Consumer Financial Protection Bureau
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Market Chatter: Treasury Secretary Bessent to Temporarily Lead Consumer Financial Protection Bureau
Feb 3, 2025 7:17 AM

09:57 AM EST, 02/03/2025 (MT Newswires) -- Treasury Secretary Scott Bessent has taken over as the acting head of the US Consumer Financial Protection Bureau, Bloomberg reported Monday, citing a person familiar with the matter.

The move comes after the Trump administration fired former head Rohit Chopra.

The CFPB did not immediately reply to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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