Toyota Settlement, Walmart Lawsuit Scrapped by CFPB May 14, 2025 By Douglas Gillison The U.S. Consumer Financial Protection Bureau has canceled a 2023 settlement with the financing arm of Toyota over allegations the...
New SEC Chair Says Crypto Sector Deserves Clear Regulations April 28, 2025 By Douglas Gillison The new head of the U.S. Securities and Exchange Commission on Friday said that the agency has stifled innovation for...
Federal Judge Orders Halt to Trump Administration Efforts to Dismantle CFPB April 1, 2025 By Douglas Gillison A U.S. judge has blocked the Trump administration and Elon Musk’s Department of Government Efficiency from pursuing efforts to dismantle...
SEC Beginning to Onboard DOGE Staff, Email Says March 28, 2025 By Chris Prentice and Douglas Gillison The U.S. Securities and Exchange Commission is beginning to onboard officials with billionaire Elon Musk’s Department of Government Efficiency, according...
Consumer Watchdog Seeks to Vacate Discrimination Case it Already Won March 28, 2025 By Douglas Gillison The top U.S. consumer finance agency on Wednesday asked a court to undo an enforcement case which the watchdog had...
US SEC Plans to Cut Regional Directors as Agency Preps for DOGE Scrutiny: Sources February 25, 2025 By Chris Prentice and Douglas Gillison The U.S. Securities and Exchange Commission plans to remove the top leaders at regional offices across the country as part...
Financial Firms Hated US Consumer Watchdog, but Rapid Unraveling Creates Limbo February 13, 2025 By Douglas Gillison, Pete Schroeder, Nupur Anand and Hannah Lang At a JPMorgan townhall meeting on Wednesday, CEO Jamie Dimon was asked whether the Trump administration’s decision to abruptly stop...
Consumer Finance Watchdog Chief Tells all Staff to Cease Work February 10, 2025 By Douglas Gillison President Donald Trump’s newly installed chief of the U.S. Consumer Financial Protection Bureau told all of the agency’s staff on...
SEC Starts Shifting Agency’s Focus as Job Cut Threat Spooks Staff February 10, 2025 By Chris Prentice, Douglas Gillison and Lawrence Delevingne A day after the Trump administration sent a missive to all federal employees inviting them to resign, the U.S. Securities...
US Congress to Form Cryptocurrency Working Group February 5, 2025 By Douglas Gillison U.S. Representative French Hill, a Republican who chairs the House Financial Services Committee, said on Tuesday lawmakers from both chambers...