Trump names Treasury Secretary Scott Bessent acting head of CFPB after firing Chopra

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  Trump Fires CFPB Director Rohit Chopra

  The administration has not announced a replacement for the head of the CFPB.
  
  Inc. - 1d
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  Rohit Chopra of CFPB Expected Trump to Fire Him Right Away, but He’s Hanging On

  Mr. Chopra, long a target of criticism by Republican lawmakers and banks, has not yet been forced out. “I swore an oath to a five-year term,” he said this week.
  
  The New York Times - 3d

• Scott Bessent wins Senate confirmation as Treasury secretary

  The Wall Street veteran won the Senate's confirmation to be Treasury secretary. The vote was 68-29.
  
  CNBC - 6d
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  Senate Confirms Scott Bessent as Treasury Secretary

  Bessent, a hedge fund manager, becomes the nation’s 79th Treasury secretary. He will lead President Trump’s economic agenda.
  
  The New York Times - 6d

• Senate confirms Scott Bessent as Treasury secretary

  The Senate voted Monday as Senate Republicans work to quickly install President Trump's picks for top administration posts.
  
  CBS News - 6d
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  Senate confirms Scott Bessent as Trump's Treasury secretary

  Scott Bessent on Monday secured confirmation to lead the Department of the Treasury, putting President Trump’s top economic nominee in place ahead of a daunting GOP push to enact Trump's ambitious ...
  
  The Hill - 6d
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  Senate confirms Scott Bessent as treasury secretary

  President Donald Trump is set to attend a high-profile policy conference with House Republican lawmakers in his home state of Florida. Trump first landed in Miami on Saturday and has been at his ...
  
  NBC News - Jan. 27
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  What Scott Bessent, Trump’s Treasury Pick, Might Get Asked Today

  Scott Bessent, a billionaire hedge fund manager, will likely face tough questions on tax cuts and tariffs — and how bond markets might check his economic agenda.
  
  The New York Times - Jan. 16
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  Scott Bessent, Trump’s Billionaire Treasury Pick, Will Shed Assets to Avoid Conflicts

  Financial disclosure forms show hundreds of millions of assets including property in the Bahamas and investments in Bitcoin and bets against China’s currency.
  
  The New York Times - Jan. 11

More from CNBC

• Trump pauses Mexico tariffs for one month after agreement on border troops

  President Donald Trump over the weekend said he was imposing 25% tariffs on goods imported from Mexico and Canada, and a 10% tariff on goods from China.
  
  CNBC - 1h

• Apple shares fall on concern Trump tariffs on China will hit profit

  Among the tech megacaps, Apple may be the most vulnerable to President Trump's announced tariffs on China.
  
  CNBC - 35m

• Temu parent PDD's stock tumbles as Trump tariffs close trade loophole

  PDD-owned budget online retailer Temu and its rival Shein have relied on de minimis to maintain their rock bottom prices.
  
  CNBC - 46m

• Vanguard announces fee cuts for nearly 100 funds, including ETFs with billions of dollars in assets

  The asset manager said this is its biggest fee cut ever and will save investors about $350 million this year.
  
  CNBC - 55m

• Trump tariffs could raise medication costs and exacerbate shortages, drug trade groups warn

  The U.S. relies heavily on other countries for pharmaceutical products, especially for generic drugs.
  
  CNBC - 12m

More in Business

• Bitcoin reverses earlier losses, tops $100,000 after U.S. delays tariffs on Mexico

  Cryptocurrencies tumbled over the weekend in a risk-off move after President Donald Trump hit Canada, Mexico and China with long-threatened import tariffs.
  
  CNBC - 8m

• Trump tariffs could raise medication costs and exacerbate shortages, drug trade groups warn

  The U.S. relies heavily on other countries for pharmaceutical products, especially for generic drugs.
  
  CNBC - 12m

• Tariffs may have 'slammed shut' the window for interest rate cuts in 2025, economist says

  Proposed tariffs are expected to raise inflation and keep interest rates elevated into 2026, if they take effect, according to economists.
  
  CNBC - 14m
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  Amid Rising Unionizing Efforts, Starbucks Accepts Mediation With Unionized Workers

  The chain has again pivoted in its resistance to organized labor, breaking with vociferous anti-union peers like Amazon and Apple as Trump gives mixed signals on worker issues.
  
  Inc. - 22m

• Wall Street braces for more volatility ahead as Trump’s tariffs rock markets

  Wall Street had a message for investors on Monday: Buckle up, because you could be in for a bumpy ride.
  
  MarketWatch - 35m