CFPB funding in jeopardy following DOJ decision
The Consumer Financial Protection Bureau may run out of funds to operate in early 2026 after the Department of Justice’s Office of Legal ...
Tag: Federal Reserve
Fed cuts rates quarter point, sets end to balance-sheet runoff
Federal Reserve officials delivered their second consecutive interest-rate reduction to support a softening labor market, and said they would stop ...
After Fed rate cut, Powell says jobs market no longer very solid
Federal Reserve officials lowered their benchmark interest rate by a quarter percentage point and penciled in two more reductions this ...
Powell opens door to interest rate cut, citing labor markets
Federal Reserve Chair Jerome Powell carefully opened the door to an interest-rate cut in September, pointing to rising risks for ...
Fed: Auto loan demand grows, standards ease (Big Wheels)
Consumer demand for auto loans is growing amid eased credit standards. The net percentage of banks reporting stronger demand for ...
Powell cites inflation risk as Fed holds interest rates steady
Federal Reserve Chair Jerome Powell said interest rates are in the right place to manage continued uncertainty around tariffs and ...
Biggest banks’ loan yields keep falling even as Fed remains wary
President Donald Trump is frustrated that the Federal Reserve hasn’t lowered interest rates this year. At the biggest US banks, ...
US consumer debt rises at slower pace on drop in card balances
US consumer borrowing increased in May at the slowest pace in three months on a pullback in credit card and ...
