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 workers receive layoff notices in new bid to shutter agency
The Consumer Financial Protection Bureau issued another round of termination notices to staff on Thursday, the latest effort to dismantle...
Barclays and Brookfield agree to offload bank’s payment unit
Barclays Plc will work with Brookfield Corp. to offload some of its payments business, as part of the lender’s push...
CFPB to cut financial firm supervision, shift focus Off fintechs
America’s top consumer financial watchdog has spelled out its priorities under the Donald Trump era, including a dramatic cut to...
Trump fires NCUA board members, tightening grip on agencies
President Donald Trump ousted two Democratic members of the National Credit Union Administration Board, adding to a spate of recent...
JPMorgan, BNY limit information sharing with OCC after hack
Some of America’s biggest banks are limiting the sharing of information with the Office of the Comptroller of the Currency...
Stripe’s banking push comes as fintechs dive deeper into finance
Some fintechs have a new strategy for navigating the risks and limitations associated with their partnerships with banks: Become a...
US bank regulator didn’t have safeguard on hacked email account
The U.S. Office of the Comptroller of the Currency didn’t have a basic protection enabled on an email account hackers...
Jack Dorsey’s Block to pay New York $40M in Cash App settlement
Block Inc., the digital payments firm founded by billionaire Jack Dorsey, was fined $40 million by New York for alleged...
Trump pauses higher duties on most nations, hikes China rate
President Donald Trump said he would pause higher reciprocal tariffs for 90 days on dozens of trade partners, while raising...
