CFPB Firings on Hold As Legal Battle Continues
CFPB Firings on Hold As Legal Battle Continues Last week, the U.S. Court of Appeals for the D.C. Circuit reinstated a district court order blocking the agency’s planned reductions in force while also blocking the Trump administration from trying to shift funding away...
FDIC Looking To Reduce Staff By 1,250
FDIC Looking To Reduce Staff By 1,250 An internal memo sent to staff last month at the Federal Deposit Insurance Corp. (FDIC) revealed that the agency is looking to reduce its staff by 1,250, a downsizing of 20 percent. The 1,250 figure includes roughly 500 employees...
62% of Credit Card “Outsiders” Using Some Other Form of Credit
62% of Credit Card “Outsiders” Using Some Other Form of Credit A recent report from PYMNTS Intelligence and Atelio by FIS entitled “Decision Guide: What Credit Card Outsiders Want — and How FIs Can Bring Them Back,” found that a strong majority (62...
