ARLINGTON, Va. (February 3, 2025)—Following President-Elect Donald Trump’s announcement designating Treasury Secretary Scott Bessent as Acting Director of the Consumer Financial Protection Bureau, Online Lenders Alliance Chief Executive Officer Andrew Duke Issued the following statement:
“We welcome Treasury Secretary Bessent as the Acting Director of the CFPB. The online lending industry, like many across the financial services sector, looks forward to the new mindset and direction that Secretary Bessent will bring to the agency, and we look forward to working with him.”
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