March 11, 2025 - 11:45

A senior official at the Consumer Financial Protection Bureau (CFPB) revealed in court on Monday that the aggressive attempts by DOGE to dismantle the agency have recently encountered significant obstacles. The official noted that the leadership appointed during the Trump administration has taken steps to moderate the pace and intensity of these efforts. This shift in strategy comes as the CFPB continues to play a crucial role in overseeing consumer financial practices and protecting citizens from unfair, deceptive, or abusive acts in the financial sector.
The testimony highlighted the ongoing tensions between DOGE and the CFPB, with DOGE pushing for a rapid overhaul of the agency's structure and functions. Meanwhile, the current leadership appears determined to uphold the agency's mission amidst the challenges posed by external pressures. The developments signal a complex and evolving landscape in consumer finance regulation, with both sides gearing up for a prolonged battle over the future of the CFPB.
May 22, 2026 - 09:13
Q1 Earnings Highs And Lows: 1st Source (NASDAQ:SRCE) Vs The Rest Of The Regional Banks StocksThe first quarter earnings season for regional banks has wrapped up, revealing a clear divide between winners and laggards. While some institutions managed to navigate a tricky environment of...
May 21, 2026 - 22:00
White House Executive Order Signals Major Shift in Federal Policy for Fintechs and Payment SystemsPresident Donald Trump issued a new executive order on Thursday aimed at overhauling how the federal government approaches financial technology and payment systems, marking a major policy shift for...
May 21, 2026 - 01:01
Fed meeting minutes: Officials look to hold rates for longer, consider hikes if inflation remains highFederal Reserve officials signaled they are prepared to keep interest rates higher for longer than previously expected, and some even discussed the possibility of raising rates again if inflation...
May 20, 2026 - 08:54
Assessing Voya Financial’s Valuation After Recent Share Price MomentumVoya Financial (VOYA) has been drawing attention after recent trading, with the stock last closing at US$80. With a market cap of about US$7.4 billion, investors are weighing how its mixed return...