Scott Bessent

Reports: Treasury Secretary Scott Bessent Wants Financial Regulators Focused on Risks

Reports: Treasury Secretary Scott Bessent Wants Financial Regulators Focused on Risks
Reports: Treasury Secretary Scott Bessent Wants Financial Regulators Focused on Risks
March 06, 2025  |  Bank Regulation

Treasury Secretary Scott Bessent reportedly said Thursday (March 6) that his department will work to see that financial regulators focus on material financial risks. Get...

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Treasury Secretary: DOGE Has Found $50 Billion in Savings 
Treasury Secretary: DOGE Has Found $50 Billion in Savings 
February 19, 2025  |  Legal & Regulation

The U.S. Treasury Secretary says a new government cost-cutting effort has found $50 billion in savings. Get the Full Story Complete the form to unlock...

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CFPB Director Nomination Tops Trump’s Picks to Lead Financial Regulators
CFPB Director Nomination Tops Trump’s Picks to Lead Financial Regulators
February 12, 2025  |  Legal & Regulation

Three weeks in, President Donald Trump’s second term has been anything but quiet. Get the Full Story Complete the form to unlock this article and...

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Banking Sector Vet Rodney Hood Named Acting OCC Head
Banking Sector Vet Rodney Hood Named Acting OCC Head
February 09, 2025  |  Bank Regulation

One of America’s main financial regulators has a new acting director. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

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Trump: Elon Musk-Led DOGE Can Act Only With Administration Approval
Trump: Elon Musk-Led DOGE Can Act Only With Administration Approval
February 03, 2025  |  Legal & Regulation

President Donald Trump said Monday (Feb. 3) that Elon Musk can “let people go” only with the approval of the administration and not in instances...

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Treasury Secretary Scott Bessent Takes Over as CFPB Acting Director
Treasury Secretary Scott Bessent Takes Over as CFPB Acting Director
February 03, 2025  |  CFPB

The Consumer Financial Protection Bureau announced Monday (Feb. 3) that President Donald Trump designated Treasury Secretary Scott Bessent as the CFPB’s acting director Friday (Jan....

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Elon Musk-Led DOGE Gains Access to Treasury Department Payment System
Elon Musk-Led DOGE Gains Access to Treasury Department Payment System
February 02, 2025  |  Legal & Regulation

The Elon Musk-led Department of Government Efficiency (DOGE) reportedly has access to the system that disburses money on behalf of the federal government, having been...

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Trade, the Economy and Regulatory Pauses Marked Week’s Blizzard of Executive Orders
Trade, the Economy and Regulatory Pauses Marked Week’s Blizzard of Executive Orders
January 26, 2025  |  Legal & Regulation

The first week of Trump 2.0 started off with a bang — certainly as measured by the blizzard of executive actions that were signed by...

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