CFPB Drops Suit Against US Banks Over Alleged Fraud on Zelle March 5, 2025 By Paige Smith The Consumer Financial Protection Bureau dismissed another Biden-era lawsuit, this one targeting some of the world’s largest banks for allegedly...
Crypto Industry Seeks to Cement Political Influence, Mainstream Acceptance February 18, 2025 By Alan Suderman When the Trump administration’s crypto czar, David Sacks, recently held a news conference to announce a new congressional working group...
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...
Trump Picks Atkins, Ex-SEC Commissioner, to Succeed Gensler December 5, 2024 By Lydia Beyoud and Nicola M. White Paul Atkins is President-elect Donald Trump’s choice to lead the US Securities and Exchange Commission, suggesting four years of relaxed...
Shadow Banks to Face Reins on Leverage Following Watchdog Probe November 18, 2024 By Laura Noonan Global watchdogs will move to rein in leverage at non-banks early next year, the Financial Stability Board promised on Monday,...
Vulnerabilities in Non-Banks Leave Door Open to ‘Shocks’, G20 Watchdog Says July 22, 2024 By Huw Jones Patchy progress on implementing reforms to make money market funds and other types of “non banks” safer has left the...
Bank Groups Sue US Regulators to Halt Anti-Redlining Rules February 6, 2024 By Sally Bakewell Several industry groups sued US regulators to block recent overhauls to the Community Reinvestment Act, arguing the new rules meant...
World’s ‘Carbon Majors’ Face Biggest Share Price Hit From Climate Litigation: Study May 23, 2023 The world’s ‘carbon majors’ in the energy, utilities and mining sectors face the biggest share price hit when climate-related lawsuits...
Dozens of Obama Administration Financial Rules that Republicans May Kill November 22, 2016 By Patrick Rucker, Lisa Lambert and Joel Schectman In recent days Republican Congressional leaders have taken several opportunities to warn Obama Administration regulators not to finish any more...