Donald Trump

Report: 10% of SEC Employees Accept Offers to Leave Agency
Report: 10% of SEC Employees Accept Offers to Leave Agency
March 21, 2025  |  Personnel

About 10% of the Securities and Exchange Commission’s (SEC) employees — 500 out of about 5,000 — have reportedly accepted buyouts or deferred-resignation offers and will leave...

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SBA to Reduce Workforce by 43% and Focus on ‘Core Missions’
SBA to Reduce Workforce by 43% and Focus on ‘Core Missions’
March 21, 2025  |  Personnel

The Small Business Administration (SBA) said Friday (March 21) that it will reduce its workforce by 43% and refocus its resources on its “core missions.” The...

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Trump Tells Digital Asset Summit Attendees US Will ‘Dominate Crypto’
Trump Tells Digital Asset Summit Attendees US Will ‘Dominate Crypto’
March 20, 2025  |  Cryptocurrency

President Donald Trump told a digital asset conference Thursday (March 20) that the United States is going to “dominate crypto and the next generation of...

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White House Faces Opposition to Efforts to Reduce CDFI Fund
White House Faces Opposition to Efforts to Reduce CDFI Fund
March 20, 2025  |  Legal & Regulation

White House efforts to cut spending on a low-income lending program, the Community Development Financial Institutions Fund (CDFI Fund), are reportedly encountering opposition. Bankers, industry executives, lawmakers...

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Proposed TikTok Solution Would Have Oracle Provide Data Security
Proposed TikTok Solution Would Have Oracle Provide Data Security
March 18, 2025  |  Social Commerce

One of the deals being considered to keep TikTok operating in the U.S. reportedly involves Oracle taking a small stake in the company and working...

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FinTechs and Crypto Firms Get Banking Ambitions 
FinTechs and Crypto Firms Get Banking Ambitions 
March 18, 2025  |  Banking

A friendlier regulatory environment has cryptocurrency companies and FinTechs trying to become banks. As Reuters wrote in an analysis Tuesday (March 18), companies that had been hoping...

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Trump Nominates Michelle Bowman as Fed’s Vice Chair for Supervision
Trump Nominates Michelle Bowman as Fed’s Vice Chair for Supervision
March 17, 2025  |  Legal & Regulation

President Donald Trump has nominated Federal Reserve Governor Michelle (Miki) Bowman to be the Fed’s next vice chair of supervision. Trump announced the selection Monday...

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Washington Weekly: CFPB’s Future and the Impact of CDFI Cuts on Credit Unions
Washington Weekly: CFPB’s Future and the Impact of CDFI Cuts on Credit Unions
March 17, 2025  |  Legal & Regulation

By the standards set previously in Q1, this Monday wasn’t as manic as most. In fact there’s an element of “business as usual” in this...

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CFPB Back at Office to Deal With Complaint Backlog
CFPB Back at Office to Deal With Complaint Backlog
March 16, 2025  |  Legal & Regulation

Reports of the Consumer Financial Protection Bureau’s (CFPB) death may have been somewhat exaggerated.  Last month, the Trump administration shuttered the regulator’s offices and essentially...

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