In his semiannual testimony before the Senate Banking Committee Tuesday, Federal Reserve Chair Jerome Powell said the effective shuttering of the Consumer Financial Protection Bureau leaves no federal ...
"If the FDIC is dismantled, all money in our banks would be at risk," Steele said. However, experts point out that for now, ...
Key Takeaways Federal Reserve Chair Jerome Powell said "no other federal regulator" is conducting examinations of banks for ...
A stop-work order from the Consumer Financial Protection Bureau's newly appointed acting director Russell Vought has created uncertainty about the future of consumer-oriented enforcement activity.
Heritage Foundation President Kevin Roberts spoke to Fox as left-wing banter about Project 2025 seems to have subsided with the rise of DOGE -- led by Elon Musk, not the "do-tank." ...
Lenders must be mindful of existing consumer law and state-level enforcement despite the current CFPB pause in enforcement activity ...
On February 4, the U.S. Court of Appeals for the Fifth Circuit struck down the FTC’s Combating Auto Retail Scams Trade Regulation Rule (CARS ...
The moves come after the bureau’s new leaders issued stop-work orders – and threatened personnel action in cases of ...
There are generally two paths that the Federal Trade Commission (FTC) takes for rulemaking. First, there may be a specific statute that gives the ...
Evan Koster joined Baker Botts as a partner in its corporate practice and head of its derivatives practice in New York, the ...
Sen. Elizabeth Warren (D-Mass.) and REp. Maxine Waters (D-Calif.) teamed up to question the Federal Reserve’s proposal to ...