Trump shuts Consumer Financial Protection Bureau headquarters, halts agency’s activity
President Donald Trump’s administration has shuttered the headquarters of the Consumer Financial Protection Bureau (CFPB) and ordered the watchdog agency to stop nearly all of its work. On Saturday, CFPB chief Russell Vought sent the directive to the agency’s staff,
The White House plans to nominate Jonathan McKernan, a former member of the Federal Deposit Insurance Corporation, as ...
The agency had been one of Wall Street’s most feared regulators, with the power to issue rules on mortgages, credit cards, ...
The Federal Reserve chair testified before a Senate panel. “We do not need to be in a hurry to adjust” interest rates, he said.
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