On January 31, President Trump removed Rohit Chopra as director of the CFPB and announced that Treasury Secretary Scott Bessent will serve as Acting Director. In Chopra’s termination announcement, posted on social media, he emphasized the importance of holding companies accountable to ensure laws are enforced.

Visit our resource center, CFPB Pause: Where From Here?, to stay on top of the latest and what it may mean for the federal and state regulatory and enforcement landscape.