Jun 24, 2025 | Congressional Legislation, Federal Regulation, News
Senate Parliamentarian Says Budget Bill Can’t Cut CFPB Funding As Congress continues to hammer out the details of the tax and spending package passed by the House in May, Senate Parliamentarian Elizabeth MacDonough recently ruled that the Republicans’ attempt to...
Jun 18, 2025 | Federal Regulation, News
CFPB’s Top Enforcement Official Resigns Last week, CFPB acting head of enforcement Cara Petersen turned in her resignation after sending an email to colleagues criticizing the Trump administration’s efforts to dismantle the agency. Petersen served at the Bureau...
Jun 12, 2025 | Financial Literacy, News
New Report Finds Consumer Credit Usage Surged in April The most recent consumer credit data from the Federal Reserve indicated that consumers turned to credit to pay for goods and services at a significantly elevated rate in April. The aggregate tally of consumer...
Jun 10, 2025 | Federal Regulation, News
Senate Confirms Michelle Bowman as Federal Reserve Vice Chair for Supervision Last week, the U.S. Senate confirmed Federal Reserve Governor Michelle Bowman to serve as the Fed’s Vice Chair for Supervision by a narrow vote of 48-46. Bowman has served as a governor on...
Jun 4, 2025 | Federal Regulation, News
Baltimore Drops CFPB Funding Lawsuit Last week, the city of Baltimore voluntarily dropped its lawsuit challenging the Trump administration’s efforts to defund the Consumer Financial Protection Bureau (CFPB). The city is represented by Democracy Forward, a left leaning...
