Trump Administration’s Attempts to Fire Fed’s Cook Head to Supreme Court
Trump Administration’s Attempts to Fire Fed’s Cook Head to Supreme Court Last week, the Trump administration asked the Supreme Court to immediately allow President Trump to fire Federal Reserve Governor Lisa Cook while the case against her continues in an...
OCC Greenlights Banks’ Crypto Activities
OCC Greenlights Banks’ Crypto Activities Jonathan Gould, head of the Office of the Comptroller of the Currency (OCC), said earlier this month that the crypto activities that many banks want to participate in are legally permissible. He wants to eradicate a...
Congressional Budget Cuts Signal Likely Impending Workforce Reductions at CFPB
Congressional Budget Cuts Signal Likely Impending Workforce Reductions at CFPB Funding cuts imposed by the budget bill that was approved by Congress and signed into law earlier this year will likely lead to more workforce reductions at the Consumer Financial...
CFPB Issues Deregulatory Agenda For Measures Under Consideration Through May 2026
CFPB Issues Deregulatory Agenda For Measures Under Consideration Through May 2026 Last week, the CFPB published its long-awaited Spring 2025 Unified Agenda, which outlines 24 regulatory items the Bureau intends to consider over the next nine months. The efforts...
Americans Pessimistic on Economy with Nearly Half Believing It Will Get Worse Over the Next Year
Americans Pessimistic on Economy with Nearly Half Believing It Will Get Worse Over the Next Year A newly released poll conduct by the Wall Street Journal/NORC has revealed that pessimism about the economy is reaching all-time highs, with 45 percent of Americans...
Trump Attempts to Fire Fed Governor Lisa Cook, Lawsuit Pending
Trump Attempts to Fire Fed Governor Lisa Cook, Lawsuit Pending Last week, President Donald Trump tried to fire Federal Reserve Governor Lisa Cook under the pretense of mortgage fraud allegations. Trump said the move was “effective immediately,” however, Cook’s lawyer... CFPB Seeking Comments on Open Banking
CFPB Seeking Comments on Open Banking The Consumer Financial Protection Bureau (CFPB) is issuing an Advanced Notice of Proposed Rulemaking seeking comments on its 2024 open banking rule. The comment period will last for 60 days, offering an opportunity for banks,...
Executive Order Targets Debanking
Executive Order Targets Debanking Earlier this month, President Trump signed an executive order directing federal regulators to investigate and punish banks that illegally discriminate against conservatives with fines and other penalties, continuing his...
