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What is the Consumer Financial Protection Bureau?
The Consumer Financial Protection Bureau was created by Congress to protect Americans from predatory practices. Ayelet Sheffey, a senior economic policy reporter at Business Insider, joins CBS News ...CBS News - Feb. 10 -
Trump’s reckless experiment with financial deregulation
Mindless slashing of red tape poses a threat to market stabilityFinancial Times - 3d -
Trump Media Is Moving Into the Financial Services Industry
The parent company of Truth Social said it had applied for trademarks for investment products that would allow supporters to invest in the “patriotic economy.”The New York Times - Feb. 6 -
DOGE Is Now Inside the Consumer Financial Protection Bureau
DOGE staffers will get read-only access to CFPB data, systems, and equipment, according to an internal email reviewed by WIRED.Wired - Feb. 7 -
Consumer Financial Protection Bureau Ordered to Cease Activity
In an email to staff of the Consumer Financial Protection Bureau, the agency’s acting director ordered workers to cease “all supervision and examination activity.”The New York Times - Feb. 9 -
Elon Musk’s Financial Disclosure Will Not Be Made Public
The billionaire, who is serving President Trump as an unpaid “special government employee,” will file a confidential report on his financial interests, according to a White House official.The New York Times - Feb. 11 -
Chair of UK’s financial ombudsman to step down
Baroness Zahida Manzoor called for ‘radical’ shake-up of rules after the sudden departure of agency’s chief executiveFinancial Times - Feb. 11 -
Trump Names 2 New Top Financial Regulators
Jonathan McKernan has been nominated to lead the Consumer Financial Protection Bureau, which has been in turmoil for days and has fired a number of probationary employees.The New York Times - Feb. 12 -
Trump cuts financial aid to South Africa
South Africa is one of the latest countries President Trump has targeted since taking office. Last week, the White House issued an executive order completely cutting off financial assistance to the ...CBS News - 5d -
Chinese Hospital Bankruptcies Soar Amid Financial Strains
Still recovering from heavy spending during the pandemic, hospitals are squeezed by a slumping economy and government efforts to curb health care spending.The New York Times - 3h -
Op-ed: 5 steps to help you financially recover after a wildfire, from a California-based financial advisor
Restoring stability after a natural disaster is challenging. Taking specific steps can help you regain control of your finances, says a California-based advisor.CNBC - Feb. 12 -
Naomi Campbell claims she did not know of financial misconduct at charity
Supermodel alleges ‘concerted deception’ by fellow trustee kept her in dark over running of Fashion for Relief. The supermodel Naomi Campbell has claimed she knew nothing of the extensive financial ...The Guardian - Feb. 7 -
DOGE rooted into Consumer Financial Protection Bureau as new acting head named
The Consumer Financial Protection Bureau is an outlet for Americans dealing with issues such as questionable student loan servicing practices or excessive bank overdraft fees.CBS News - Feb. 8 -
Trump’s acting chief of federal financial watchdog orders staff to pause activity
Russell Vought is now acting head of CFPB, created in wake of 2008 financial crash to supervise financial companies. Russell Vought, Donald Trump’s newly installed acting head of the US Consumer ...The Guardian - Feb. 9 -
Russ Vought orders Consumer Financial Protection Bureau to stop work
The development came after Elon Musk's Department of Government Efficiency, or DOGE, gained access to the CFPB and began a thorough review.CBS News - Feb. 9 -
Consumer Financial Protection Bureau to shut down for a week: Reports
The Consumer Financial Protection Bureau (CFPB) will be shut down for a week, according to multiple reports. The CFPB’s Chief Operating Officer Adam Martinez said in a Sunday email that there would ...The Hill - Feb. 10 -
Warren on efforts to shutter CFPB: 'No one can fire the financial cops'
Sen. Elizabeth Warren (D-Mass.) on Monday accused the Trump administration of trying to shut down the Consumer Financial Protection Bureau (CFPB) to benefit tech billionaire Elon Musk's payment ...The Hill - Feb. 10 -
Shutting down CFPB 'begging for another financial crisis': Former director
Rohit Chopra, the former director of the Consumer Financial Protection Bureau (CFPB), argued Monday that shutting down the agency is “begging for another financial crisis,” as the Trump ...The Hill - Feb. 11 -
Reddit teams with Intercontinental Exchange to build financial-analytics products
The partnership will connect anonymous conversations on Reddit to Intercontinental Exchange’s data-science and machine-learning infrastructure to provide new datasets and analytics, Reddit said.MarketWatch - Feb. 12 -
Elon Musk’s DOGE Overhauls the Consumer Financial Protection Bureau
The upheaval at the Consumer Financial Protection Bureau offers a glimpse into the playbook that Elon Musk and other Trump allies seem to be writing in real time.The New York Times - Feb. 13 -
Expert on why financial secrets can break trust in relationships
With Valentine's Day coming Friday, a recent survey reveals that 40% of Americans in committed relationships have kept a financial secret from their partner. CBS News business analyst Jill ...CBS News - Feb. 13 -
MSG Networks faces financial turmoil despite Knicks' promising season
MSG Networks, the New York Knicks' regional sports channel, is facing financial woes even as its team is in the middle of a competitive season.CNBC - 6d -
Judge temporarily blocks mass terminations at Consumer Financial Protection Bureau
A judge said in a ruling Friday that the Consumer Financial Protection Bureau could not terminate employees without cause, dealing a blow to President Donald Trump’s efforts to dismantle the agency.NBC News - 5d -
How shutting down the Consumer Financial Protection Bureau would impact Americans
The Consumer Financial Protection Bureau was created after the 2008 financial crisis to be an advocate for American consumers. The Trump administration is making a push to gut the agency. CBS News ...CBS News - 2d -
Barça get salary cap boost as financial woes ease
Barcelona's financial situation continues to improve after LaLiga confirmed their annual spending cap is now over €463 million ($483.7m), an increase of nearly €40m from the beginning of the season.ESPN - 1d -
Big Ten athletic departments’ 2024 financial statements: Seven lessons from a data deep dive
The athletic departments of the Big Ten’s 16 public universities generated nearly $2.84 billion in revenue during the 2024 fiscal year but collectively spent nearly $3 billion, according to ...Yahoo Sports - Feb. 10 -
Consumer Financial Protection Bureau staff told to 'stand down' from all work
CFPB employees were told Sunday to work remotely because their Washington, D.C., headquarters would be closed through Feb. 14, according to a memo.CNBC - Feb. 10 -
Watch Fed Chair Powell speak live before House Financial Services Committee
Federal Reserve Chair Jerome Powell returns to Capitol Hill on Wednesday for the second day of his semiannual updates on monetary policy.CNBC - Feb. 12 -
Cruelty and staggering financial costs: why expanding Guantánamo is a grave mistake | Karen J Greenberg and Mike Lehnert
The detention facility is a worldwide symbol of American hypocrisy. It’s majorly expanding again. Nine days into the country’s 47th presidency, Donald Trump issued an executive memorandum that ...The Guardian - 5d -
‘Your choice of partner is the biggest financial decision you’ll make’: Here are the Moneyist’s 5 worst dating stories
“Divorce is the one recession that strikes up to 50% of married couples once in their lifetime.”MarketWatch - 3d -
Manchester United financials reveal stunning $18.3 million price tag for sacking Erik ten Hag, Dan Ashworth
As the release shows, the mess at Manchester United extends well beyond just the results on the fieldCBS Sports - 1d -
Should I buy gold in case the financial system implodes? I’m 62, retired and worried.
If things go poorly for the world, this reader wants to grab the gold and keep going.MarketWatch - 3h -
‘I have fear of financial insecurity’: I’m 58, recently widowed with $1 million saved for retirement. What if the economy tanks?
“My pension after taxes is estimated at $6,500 per month. I’m eligible at age 60 to access $2,400 per month of my husband’s Social Security.”MarketWatch - 3h -
‘She is financially irresponsible’: My husband secretly gives our daughter, 37, thousands of dollars. She spends the money wildly. How do I stop this?
“My husband has been giving her money each month. The deposits from October 2024 through February 2025 total almost $13,000.”MarketWatch - Feb. 9 -
‘They are as different as day and night’: My son is upset that his brother got more financial support. Now it’s payback time. What should I do?
“My son feels that he has done everything to save us money and that he is not getting his fair share.”MarketWatch - Feb. 12
