
The Consumer Financial Protection Bureau, a watchdog agency Republicans have tried to dismantle or significantly scale back, is the latest shakeup in Donald Trump's efforts to remake the federal government.
Trump fired Rohit Chopra, the agency's director and a Biden appointee, over the weekend and installed Scott Bessent, a billionaire hedge fund manager who now serves as treasury secretary, as acting director. Bessent began freezing the agency's operations on Monday.