Statement on Designation of Treasury Secretary Scott Bessent as Acting Director of the Consumer Financial Protection Bureau

AI Summary

Scott Bessent was designated as Acting Director of the Consumer Financial Protection Bureau on January 31, 2025.

Texas Relevance

The article does not mention Texas or any Texas-specific entities. It is a general announcement about a CFPB leadership change.

Original Content

On January 31, 2025, President Trump designated Secretary of the Treasury Scott Bessent as Acting Director of the Consumer Financial Protection Bureau (CFPB).