Citi CFO Warns 10% Credit Card Rate Cap Would Disrupt U.S. Economy
Citi CFO Warns 10% Credit Card Rate Cap Would Disrupt U.S. Economy Speaking at an investor conference, Citi’s head of U.S. personal banking and incoming Chief Financial Officer, Gonzalo Luchetti, warned that a proposed 10 percent federal cap on credit card interest...
CFPB Tightens Complaint Portal Rules for Credit Report Disputes
CFPB Tightens Complaint Portal Rules for Credit Report Disputes Last week, the Consumer Financial Protection Bureau (CFPB) added new requirements to its consumer complaint portal for credit reporting disputes, directing consumers to first file disputes with credit...
Trump Nominates Former Fed Governor Kevin Warsh to Lead Federal Reserve as Powell’s Term Nears End
Trump Nominates Former Fed Governor Kevin Warsh to Lead Federal Reserve as Powell’s Term Nears End President Donald Trump announced last week that he has selected former Federal Reserve Governor Kevin Warsh to serve as the next chair of the Federal Reserve, once...
