Latest in Financial Regulators
Sort by
33 items
-
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 - 1h -
The CFPB Work Freeze Is Putting Big Tech Regulations ‘On Ice’
The cease-work order at the Consumer Financial Protection Bureau won’t just affect lawsuits and enforcement actions. It will stall regulation that could govern tech companies like Apple and Google.Wired - 18h -
JD Vance Rails Against ‘Excessive’ AI Regulation
A global race for dominance in AI is afoot, and the U.S., China, and Europe are all taking different approaches.Inc. - 1d -
JD Vance tells Paris AI summit the Trump administration will keep 'ideological bias' out of AI, rails against regulation
JD Vance tells Paris AI summit the Trump administration will keep 'ideological bias' out of AI, rails against regulationABC News - 1d -
Macron Pitches Lighter Regulation to Fuel A.I. Boom in Europe
But many attendees at a summit in Paris worry that the risks of A.I. will be overlooked as the continent rushes to keep up with the United States and China.The New York Times - 1d -
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 - 3h -
‘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 - 7h -
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 - 11h -
Vance warns tech leaders, politicians against excessive AI regulation
Vice President JD Vance warned foreign leaders on Tuesday against placing excessive regulations on artificial intelligence in Paris. He highlighted U.S. advancements in AI and vowed to safeguard ...CBS News - 15h -
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 - 23h -
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 - 1d -
UK Steel says Trump has ‘taken a sledgehammer’ to free trade; BoE governor warns against ripping out regulation – as it happened
UK steel industry fears surge of foreign imports as US imposes 25% tariffs, as Bank of England chief says world should not forget 2008 crisis. Trump announces 25% tariffs on foreign steel and ...The Guardian - 1d -
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 - 1d -
Vance rips 'excessive' AI regulation at Paris summit
Vice President Vance slammed "excessive regulation" of artificial intelligence on Tuesday, making clear the Trump administration's stance on the emerging tech on an international stage. "We believe ...The Hill - 1d -
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 - 1d -
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 - 1d -
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 - 1d -
Deutsche Bank fined €10mn by Spanish regulator over forex mis-selling
German watchdog BaFin set to conclude its own investigation in coming weeksFinancial Times - 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 - 2d -
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 - 2d -
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 - 2d -
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 - 2d -
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 - 3d -
‘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 - 3d -
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 - 3d -
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 - 4d -
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 - 5d -
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 - 5d -
Trump fired this independent labor regulator. Now, she’s suing.
The outcome of the case could determine whether other independent agencies can be insulated from the president’s reach.Politico - Feb. 5
