The Consumer Financial Protection Bureau is tasked with writing and enforcing rules for the financial industry. How might the independent federal agency change under the Trump administration?
Here's what experts say about the possible closure of the Federal Deposit Insurance Corporation or the Consumer Financial Protection Bureau.
When Elon Musk declared in November that it was time to “delete” the Consumer Financial Protection Bureau, he threw a bright new spotlight on an agency long loathed by Republicans. Would Donald Trump really try to dismantle the watchdog?
The US Consumer Financial Protection Bureau (CFPB) has proposed new regulations targeting stablecoin issuers and wallet providers, aligning
The only danger, from Wall Street’s perspective, is that the Trump team’s MAGA instincts and chaotic approach prevent a deregulatory boom. One appointment is emblematic of the coming shift. Gary Gensler,
President-elect Trump plans changes throughout the ... and that raises questions about what happens to the Consumer Financial Protection Bureau. Congress established the CFPB after the Great ...
Labor Department data shows that consumer prices rose a combined 20.8% during the course of Biden’s presidency, but people’s average weekly earnings rose just 17.4% over the same period. That meant people’s incomes didn’t keep pace with their expenses — and it, predictably, left people viewing an otherwise healthy economy as weak.
During his four years as president, Democrat Joe Biden experienced a sustained series of defeats at the U.S. Supreme Court, whose ascendant conservative majority blew holes in his agenda and dashed precedents long cherished by American liberals.
Still, Republicans can target a wave of 11th-hour rulemaking by the administration as Biden prepares to leave office. Within bounds is his latest student loan cancellation program and regulations on hydrofluorocarbons and other environmental toxins.
In these final actions of his presidency, Biden is asserting his domestic and foreign-policy principles before Trump takes charge.
The Biden administration has come to an end not with a bang, nor a whimper—but with a frenzied rush of new regulations, lawsuits, and executive orders. Some are likely to be quickly reversed when the Trump presidency begins next week.
Donald Trump and the Texas attorney general have forged a friendship over the years, one that has been cemented in their shared political and legal struggles and their willingness to come to each other’s aid at times of upheaval.