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Employees at nation's consumer financial watchdog say it has become toothless under TrumpThe Consumer Financial Protection Bureau faces operational paralysis. Employees are idle due to White House directives. The bureau is undoi...- Federal Judge Medical Debt Rule Reversal: What Texas judge ruling means and how it will affect youA federal judge in Texas has reversed a Biden-era rule that aimed to remove $50 billion in medical debt from credit reports. The decision a...
- 15 million Americans just got bad news - Judge reverses rule that would’ve wiped medical debt from credit reportsA federal judge in Texas has overturned a Biden-era rule that aimed to remove medical debt from credit reports, impacting nearly 15 million...
- From coverage to crisis? How Trump’s tax package could strip millions of Medicaid benefitWith Trump's tax cuts extended and Medicaid restrictions tightened, the bill is poised to redraw the contours of America’s healthcare lands...
- Is Trump's crypto policy opening doors for terror financing in Pakistan?Pakistan is leveraging cryptocurrency to strengthen ties with Trump administration, amidst concerns over lax anti-money laundering enforcem...
- Jobs in USA: Donald Trump to sign order to extend federal hiring freeze, US consumer watchdog announces major lay offAn appeals court last week ruled that the Trump administration could begin laying off workers but not eradicate the agency altogether.
- JPMorgan CEO Jamie Dimon calls Indian-origin ex-CFPB chief Rohit Chopra 'arrogant, out of touch'JPMorgan Chase CEO Jamie Dimon criticized the CFPB and its former director Rohit Chopra for allegedly overstepping authority. He called Cho...
- With Elon Musk in his corner, Donald Trump’s influence expands—But what if the tables turn?President Donald Trump has signed an executive order giving Elon Musk unprecedented influence over the federal workforce through the Depart...
- Donald Trump fires consumer bureau director Rohit Chopra, source saysRohit Chopra, head of the Consumer Financial Protection Bureau (CFPB), resigned following his firing by President Trump. His tenure was mar...
- Regulation, deals and crypto: Fintech themes to watch in 2025The bankruptcy of banking-as-a-service startup Synapse Financial Technologies left thousands of fintech customers without access to funds h...
- US watchdog issues final rule to supervise Big Tech payments, digital walletsThe regulations, first proposed a year ago to govern digital services such as Apple Wallet, Google Pay and Venmo, come as President-elect D...
- Payments app Zelle begins refunds for imposter scams after Washington pressureThe 2,100 financial firms on Zelle, a peer-to-peer network owned by seven banks including JPMorgan Chase and Bank of America, began reversi...
- CFPB presents new financial data sharing rules in competition boostA new proposal for U.S. consumers may simplify moving financial data among service providers. The proposal aims to create competition betwe...
- Regulators take aim at AI to protect consumers and workersAlready, automated systems and algorithms help determine credit ratings, loan terms, bank account fees, and other aspects of our financial ...
- More U.S. companies charging employees for job training if they quitNearly 10% of American workers surveyed in 2020 were covered by a training repayment agreement, said the Cornell Survey Research Institute....
- US consumer watchdog to review Big Tech data, promote lending competitionJust a few weeks into the job, Rohit Chopra made his mark when the CFPB ordered Amazon.com Inc, Apple Inc and Facebook Inc to hand over inf...
- With quick fixes, Biden's agencies reverse Trump's Wall Street-friendly rulesThe swift changes have set off alarm bells in the financial industry, which is having to adapt quickly to the tougher new regime, and set t...
- Outlook darkens for US market as Joe Biden's regulators take shapeGary Gensler will serve as chair of the Securities and Exchange Commission (SEC) and Federal Trade Commission member Rohit Chopra will head...
- What a Joe Biden win could mean for financial policyA Biden administration would likely halt the Trump plan to release housing finance giants Fannie Mae and Freddie Mac from government contro...
- JPMorgan's Jamie Dimon asks if US Senator understands global banking systemJamie Dimon took aim at US Senator Elizabeth Warren, a critic of large banks, as he expressed broad concerns about leadership in Washington.
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