CFPB Drops Lawsuits Against Capital One, Rocket Unit February 28, 2025 By Paige Smith The Consumer Financial Protection Bureau dropped a slew of Biden-era lawsuits against lenders as the nominee to lead the agency...
Trump’s SEC Leader Shifts Power From Investors to Boardrooms February 19, 2025 By Ross Kerber New policies from the top U.S. securities regulator hand corporate boards more power over investors in ways that could curtail...
SEC Eases Path for Companies to Nix Shareholder Proposals February 18, 2025 By Lydia Beyoud The Securities and Exchange Commission released new guidelines making it easier for corporations to block votes on shareholder proposals at...
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...
US SEC Will Not Defend Climate Rule in Court February 12, 2025 By Isla Binnie, Virginia Furness and Jonathan Stempel The acting chair of the U.S. Securities and Exchange Commission on Tuesday signaled the regulator may roll back a controversial...
CFPB Disarray Puts Future Fintech, Bank Oversight Into Question February 10, 2025 By Paige Smith Less than two months ago, the Consumer Financial Protection Bureau was pumping out lawsuits against some of the world’s biggest...
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...
Bessent to Be Acting CFPB Head, Pauses Rules and Litigation February 4, 2025 By Saleha Mohsin and Paige Smith Treasury Secretary Scott Bessent is now the acting head of the US Consumer Financial Protection Bureau, signaling a potential shift...
SEC’s Republican-Led Commission Tightens Oversight of Probes, Sources Say February 3, 2025 By Chris Prentice Lawyers at the U.S. Securities Exchange Commission (SEC) have been told they need to seek permission from the politically appointed...