politics

Trump Names New CFPB Head Amid Regulatory ‘Limbo’
Trump Names New CFPB Head Amid Regulatory ‘Limbo’
February 12, 2025  |  Legal & Regulation

President Trump has named a new CFPB director while the agency faces an uncertain future. Jonathan McKernan, who was until recently a director on the...

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White House Weighs Folding FDIC Into Other Agencies
White House Weighs Folding FDIC Into Other Agencies
February 12, 2025  |  Legal & Regulation

The Trump administration is reportedly considering plans to shrink one of America’s banking regulation bodies. These talks propose folding the Federal Deposit Insurance Corp. (FDIC)...

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Witnesses Fault ‘Regulation by Enforcement’ of Digital Assets at Congressional Hearing
Witnesses Fault ‘Regulation by Enforcement’ of Digital Assets at Congressional Hearing
February 11, 2025  |  Blockchain

At a subcommittee hearing on the current state and future potential of digital assets, lawmakers and witnesses from the crypto and payments spheres — including...

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Report: CFPB Acting Director Tells Employees to Stop Working
Report: CFPB Acting Director Tells Employees to Stop Working
February 10, 2025  |  Legal & Regulation

The new acting director of the Consumer Financial Protection Bureau (CFPB), Russell Vought, reportedly told the agency’s employees Monday (Feb. 10) to stay out of...

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Judge Blocks Musk’s DOGE From Accessing Treasury Payments Data
Judge Blocks Musk’s DOGE From Accessing Treasury Payments Data
February 10, 2025  |  Legal & Regulation

A federal judge has temporarily blocked Elon Musk’s government efficiency group from accessing the U.S. Treasury’s payment system. The ruling Saturday (Feb. 8) came after...

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CFPB HQ Shuts Down as Vought Freezes Enforcement
CFPB HQ Shuts Down as Vought Freezes Enforcement
February 09, 2025  |  Legal & Regulation

The Consumer Financial Protection Bureau’s (CFPB) new boss has put a hold on consumer protections. Workers at the financial regulator will work from home this...

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Amid BNPL’s Surge, Stars Are Aligning for Klarna’s April IPO
Amid BNPL’s Surge, Stars Are Aligning for Klarna’s April IPO
February 07, 2025  |  IPO

On Friday (Feb. 7), markets swooned by roughly 1%, as measured by the S&P 500. Tariffs and inflation have dominated the headlines, along with a...

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Report: Elon Musk-Led DOGE Feeding Sensitive Data Into AI Amid Cost-Cutting Efforts
Report: Elon Musk-Led DOGE Feeding Sensitive Data Into AI Amid Cost-Cutting Efforts
February 06, 2025  |  Legal & Regulation

Representatives of the Elon Musk-led Department of Government Efficiency (DOGE) have reportedly begun feeding sensitive information from government departments and agencies into artificial intelligence (AI) software...

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DeepSeek Faces Ban on US Government Devices
DeepSeek Faces Ban on US Government Devices
February 06, 2025  |  Artificial Intelligence

U.S. lawmakers are set to introduce legislation outlawing DeepSeek’s AI chatbot on government devices. The bill, written by Rep. Darin LaHood (R-IL) and Rep. Josh...

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