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CFPB’s latest layoffs halted in setback to shutdown effort
The Consumer Financial Protection Bureau may not proceed with agencywide job cuts, while a D.C. federal court weighs whether the...
CFPB to cut financial firm supervision, curb fintech focus
America’s top consumer financial watchdog has spelled out its priorities under the Donald Trump era, including a dramatic cut to...
Tariffs prompt lower auto ABS forecasts, DQ rise
Prolonged auto tariffs could lead to a decline in auto securitization issuance and worsened credit performance. Deutsche Bank lowered its...
U.S. Bank’s indirect loan and lease originations fall 27.3%
Regional banks’ first-quarter earnings showed mixed credit performance, mirroring what national banks reported earlier this month. Chase Auto’s credit performance...
Western American Loan CEO joins Auto Finance Summit East 2025
Auto Finance News is pleased to announce that Sean Murphy, president and chief executive of Western American Loan, will join a discussion on...
Fed’s Powell says strong labor market depends on price stability
Federal Reserve Chair Jerome Powell again stressed the central bank must ensure tariffs don’t trigger a more persistent rise in...
US retail sales jump by most in two years on car-buying rush
US retail sales rose substantially in March on a jump in car purchases and other goods such as electronics, suggesting...
Bank of America auto net charge-offs flat
Bank of America’s credit performance and auto portfolio growth was steady in the first quarter as digital activity ramped up. ...
