In a desperately needed move this week, President Donald Trump fired Rohit Chopra, director of the Consumer Financial Protection Board (CFPB), and installed Treasury Secretary Scott Bessent as acting director. The leadership change comes after the agency aggressively expanded consumer protection…

With President Joe Biden’s term nearly over, federal agencies should be winding down activities for the year and preparing for enormous changes in their leadership and policy goals. However, one relatively small but powerful agency, the Consumer Financial Protection Board…