How Republicans calling for smaller government could use the Fed's balance sheet to wield more power
Both times, the Fed's balance grew in size, reaching a peak of almost $9 trillion in 2022, but the second period of asset purchases consisted mostly of lower-coupon, longer-duration bonds that plunged ...
KJZZ1h
Up to 100 more workers are fired at CFPB as staff fear mass layoffs are looming
About 70-100 employees were terminated at the CFPB, following dozens of recent workers who were fired earlier this week.
KJZZ1h
Up to 100 more workers are fired at CPFB as staff fear mass layoffs are looming
About 70-100 employees were terminated at the CFPB, following dozens of recent workers who were fired earlier this week.
White House Tip Line Tells Banks To Snitch On Financial Regulators Doing Their Jobs
The regulators work for the Consumer Financial Protection Bureau, which until recent days focused on illegal fees, scams, ...
American Banker1h
Baltimore sues Trump officials to halt dismantling of CFPB
The mayor and city council of Baltimore, along with a Maryland-based economic justice group, are suing the bureau and its ...
US consumer watchdog broadens layoffs beyond probationary staff, sources say
A new category of employees at the U.S. Consumer Financial Protection Bureau received termination notices on Thursday, ...
ConsumerAffairs2h
CFPB shutdown challenged in court
The Trump administration's effort to shut down the Consumer Financial Protection Bureau is facing a new lawsuit by advocacy ...
NBC Montana2h
'Monumental mistake': Missoula financial adviser warns against CFPB halt
The Trump administration stopped the work of the Consumer Financial Protection Bureau earlier this week, according to the Associated Press. The bureau awarded c ...
JPMorgan’s Dimon wants Washington to 'look at all the rules and regulations' affecting big banks
JPMorgan Chase CEO Jamie Dimon made it clear during a visit to the nation's capital Thursday that he is in favor of a ...
American Banker3h
Hill, Scott move to nullify CFPB overdraft rule
The heads of both the House and Senate banking committees introduced a Congressional Review Act resolution to undo the ...
Virginia Business4h
Status of federal agency’s lawsuit against Capital One unclear
Listen to this article A lot has happened since Jan. 20, as the Trump White House employs “shock and awe” tactics at lightning speed. Among the consequences is the shutdown of the Consumer Financial ...
Medical Debt & Credit Reports: Will the new CFPB regulation go into effect or be scrapped?
The Biden Administration put in the regulation to ban medical debt on credit reports, but the regulation is not popular with ...