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House Financial Services Committee Chairman Jeb Hensarling (R-Texas) is preparing a major overhaul to the Consumer Financial Protection Bureau that would place it squarely under President Trump’s authority, according to a memo. → Read More
Sen. Elizabeth Warren (D-Mass.) put herself in an unusual position Tuesday: as the voice of the financial sector. → Read More
The Republican-led Securities and Exchange Commission is moving quickly to revisit contentious rules put in place by the last regime as part of the Dodd-Frank financial reform law. → Read More
So far, most of the action in Washington has come in the form of executive orders from Trump. → Read More
Senate Republicans pushed through a pair of President Trump’s Cabinet nominees Wednesday, upending standard committee rules to circumvent a Democratic boycott. The Senate Finance Committee advanced a pair of Trump’s nominees with only Republican members present — Steven Mnuchin to head the Treasury Department, and Rep. Tom Price (R-Ga.) as secretary of Health and Human Services. By unanimous… → Read More
“This is the most pathetic thing I’ve seen in my whole time in the United States Senate,” he added. "I think they ought to stop posturing and acting like idiots." Democrats walked out of the Senate Finance Committee hearing room, arguing that Mnuchin and Price misled senators in their testimony before the panel, and saying they could not allow a vote to proceed without more information. "He… → Read More
President Trump said Monday he planned to do “a big number” to the Dodd-Frank financial reform law. → Read More
Consumer Financial Protection Bureau Director Richard Cordray is showing little sign of easing off the gas as the Trump administration takes hold. → Read More
Steven Mnuchin wants to raise the debt ceiling quickly and considers it an important issue. → Read More
The Consumer Financial Protection Bureau is suing the nation’s largest student loan company, charging it used “shortcuts and deception” to make borrowers pay more. → Read More
With all of Washington in a state of upheaval, the uncertainty is perhaps no greater than at the CFPB, where it is unclear who will be running the agency in the months to come, or even what the overall bureau will look like. → Read More
President-elect Donald Trump is finding a novel way to push his populist economic agenda: take on American businesses directly. → Read More
Trump and Republicans are eager to roll back Obama's regulations. → Read More
The ruling is a huge victory for business groups and Republicans in Congress. → Read More
Donald Trump accused Federal Reserve Chairwoman Janet Yellen Monday of doing President Obama’s bidding by keeping interest rates low. → Read More
Trump has a common theme when it comes to fleshing out his policy plans: stay tuned. → Read More
By Peter Schroeder for The Hill - PHILADELPHIA — Bernie Sanders’s delegates are making their presence known on the final day of the Democratic National Convention — by wearing can’t-miss neon-green... → Read More
Trump's new call to raise the minimum wage has conservatives scratching their heads. → Read More
"I don’t think they’re done," Jennifer Palmieri said. → Read More
Donald Trump electrified the GOP faithful gathered here Thursday evening. → Read More