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Trump appoints Treasury secretary

YAHOO!News · 34m

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.

The New York Times · 1h

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.

The Washington Post on MSN · 4h

CFPB halts work after Trump appoints Bessent as acting head

The Consumer Financial Protection Bureau is a consumer watchdog agency formed in the wake of the 2008 financial crisis. Elon Musk wants to “delete” it.

Elon Musk gains access to Treasury payment system

Fortune on MSN · 1h

Giving Elon Musk’s DOGE access to the Treasury payment system risks a U.S. debt default and global financial crisis, senator warns

The Department of Government Efficiency was given access to the Treasury Department’s payment system, which is responsible for $6 trillion in federal disbursements. Sen. Elizabeth Warren sounded the alarm on a number of risks,

upnorthlive · 16m

Elon Musk granted access to Treasury's payment system. Why?

Billionaire tech mogul Elon Musk has been granted access to the U.S. Treasury Department's sensitive payment system.

Bloomberg on MSN · 20h

Musk Says DOGE Halting Treasury Payments to US Contractors

Elon Musk said his “DOGE team” of government efficiency enforcers is shutting down some payments to federal contractors, suggesting that the world’s richest man may have access to sensitive systems used at the US Treasury Department.

1h

US Treasury chief takes over consumer watchdog, freezes all activity

U.S. President Donald Trump on Monday tapped newly confirmed Treasury Secretary Scott Bessent as acting director of the ...

8h

DOGE task force gains access to U.S. Treasury Department payment systems

News comes after departure of Treasury's acting Deputy Secretary David Lebryk after more than 30 years of service.

12h

Warren Questions Bessent Over Musk Access to Treasury Payment System

In a letter to the Treasury secretary, the Democratic senator warned against meddling with a system that processes trillions ...

4h

Elon Musk US financial data grab a ‘coup,’ Heather Cox Richardson says

Boston College history professor Heather Cox Richardson characterized Elon Musk's actions over the weekend as "the largest ...

1don 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 ...

4h

US prosecutor warns of legal risk for anyone hindering Musk's efficiency effort

A federal prosecutor appointed by President Donald Trump asked Elon Musk for information about anyone trying to impede the ...

6h

Republicans Take Key Step To Abolish The Department Of Education, Imperiling Student Loan Programs

Republican lawmakers took a key step last week to officially abolish the U.S. Department of Education. Here's what student ...

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