Feb 26, 2025 | Federal Regulation, News
Trump Executive Order Expands Authorities Over Independent Agencies, Mandates Presidential Review for Proposed Regulations Last week, President Trump signed an executive order expanding his authority over independent agencies like the Federal Reserve, the Securities...
Feb 20, 2025 | Financial Literacy, News
A Third of Americans Have More Debt than Emergency Savings Bankrate’s 2025 Emergency Savings Report found that 33 percent of U.S. adults have more credit card debt than emergency savings, which is down from 36 percent in both 2024 and 2023. However, the number remains...
Feb 18, 2025 | Congressional Legislation, News
Congressional Resolutions Aim to Overturn CFPB’s Overdraft Rule Representative French Hill (R-Ark.), Chairman of the House Financial Services Committee, and Senator Tim Scott (R-S.C.), Chairman of the Senate Banking Committee, introduced Congressional Review Act...
Feb 12, 2025 | Federal Regulation, News
Russell Vought Takes Over as CFPB Acting Director, Closes Office for the Week, and Announces Plans to Cut off Funding; Trump Nominates Jonathan McKernan as Director Last week, President Trump appointed Russell Vought as acting director of the Consumer Financial...
Feb 6, 2025 | Congressional Legislation, Federal Regulation, News
Sens. Hawley and Sanders Introduce Bill to Cap Credit Card Interest Rates Earlier this week, Senators Bernie Sanders (I-Vt.) and Josh Hawley (R-Mo.) introduced a bill that would cap credit card interest rates at 10 percent, the average of which is currently 20...
