Russell Vought, CFPB's new acting head, issues directives to halt parts of bureau activity
Trump’s DOGE, an advisory body led by Musk, has zeroed in on some agencies as part of its efforts to slash the size of ...
US inflation worsened last month as the cost of groceries and gasoline head higher
U.S. inflation accelerated last month as the cost of groceries, gas, and used cars rose, a disappointment for families and ...
Former head of Atlanta Fed tells CFOs he would prepare ‘budget A’ and ‘budget B’ amid Trump uncertainty
That will likely influence the decision-making process for many CFOs when it comes to capital expenditures. On Wednesday ...
The Federal Reserve ignored Trump’s interest rate demands — and he’s not taking it well
The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.
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Consumer Financial Protection Bureau Funding and Activities Suspended by New Head
Russell Vought, the newly appointed head of the CFPB, has suspended the agency’s funding and ordered a halt to its operations ...
Federal Reserve holds interest rates steady as inflation remains above 2%
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's ...
New Acting CFPB Chief Halts Investigations and Enforcements, Forgoes Some Federal Funding
Russell Vought, the new acting head of the consumer watchdog has directed its staff to cease investigations and enforcements while letting go of federal funds it was expected to draw.