Treasury Secretary Scott Bessent wants to overhaul a federal regulatory group, launched following the 2008 housing bust, that is tasked with safeguarding the U.S. financial system. The 15-member panel ...
Office of Management and Budget Director and acting Consumer Financial Protection Bureau Director Russell Vought has sought to eliminate some 90% of the Consumer Financial Protection Bureau's staff.
The Financial Investigations Division (FID) and the Revenue Protection Department (RPD) have signed a Memorandum of ...
A bipartisan group of Senate and House lawmakers are doubling down on legislation aimed at spurring artificial intelligence experimentation at financial regulatory agencies, reintroducing a bill that ...
A federal judge has ruled that medical debt can remain on Americans' credit reports, canceling a policy set in place by the Biden administration to help relieve the burden of health care expenses ...
A federal appeals court will soon decide whether the Trump administration can fire a majority of the staff at an agency tasked with helping consumers and take other actions that could gut the bureau.
Two years on from a report recommending the creation of a resolution fund to guard against disorderly bankruptcies, concentration among nonbank mortgage companies has only increased. Congress must act ...
BRIAN. SINCE TAKING OFFICE BACK IN JANUARY, THE TRUMP ADMINISTRATION HAS BEEN TRYING TO ELIMINATE THE CONSUMER FINANCIAL PROTECTION BUREAU, AN AGENCY THAT WAS STARTED ABOUT 15 YEARS AGO AND ITS ...
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