The news: The Consumer Financial Protection Bureau (CFPB) paused operations, including the implementation of recent rules, as new leadership takes over the agency, per NPR.

President Donald Trump fired CFPB director Rohit Chopra over the weekend in a highly expected move. Trump appointed Treasury Secretary Scott Bessent as acting director until a permanent pick is named.
CFPB staff members were instructed to immediately cease work unless required by law or expressly approved by Bessent to ensure the agency’s goals are consistent with the new administration.

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CFPB’s recent rules thrown up in the air after acting director halts operations

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