#cfpb-rulemaking

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US politics
fromwww.aljazeera.com
17 hours ago

US judge upholds decision to toss subpoenas into Fed Chair Jerome Powell

Judge Boasberg rejects Trump's subpoenas for Federal Reserve chairman Powell, citing improper purpose and lack of convincing arguments from the administration.
Law
fromwww.businessinsider.com
1 hour ago

Young Americans are turning to bankruptcy. Are you one of them?

Personal bankruptcy filings are increasing among Gen Z and young millennials due to rising living costs and stagnant wages.
US Elections
fromLos Angeles Times
3 hours ago

House Democrats to hold California 'shadow hearings' on midterm election security

California Democrats are holding hearings to defend state election systems against Trump's fraud allegations and threats of intervention.
Intellectual property law
fromReadWrite
1 day ago

CFTC lawsuit targets states over prediction markets ban

Federal regulators are suing Arizona, Illinois, and Connecticut to assert authority over event contracts against state regulations labeling them as unlicensed gambling.
#prediction-markets
Cryptocurrency
fromFortune
2 days ago

Prediction markets caught insider traders in real time. Congress wants to shut them down anyway | Fortune

Prediction markets expose insider trading issues, offering transparency through blockchain technology, and should not be banned by legislation.
Poker
fromCard Player
5 days ago

US Senators File Bill Banning Most Prediction Market Betting - Poker News

A Utah senator proposed a bill to ban prediction markets resembling sports betting to protect minors and uphold state gaming laws.
Intellectual property law
fromnews.bitcoin.com
1 day ago

CFTC and DOJ Sue 3 States as Jurisdiction Battle Raises Stakes for Prediction Markets

Federal authorities are asserting exclusive jurisdiction over prediction markets, challenging state regulations to ensure a unified framework for derivatives oversight.
US politics
fromPOLITICO
3 days ago

How prediction markets landed in Congress' crosshairs

Debate centers on regulation and taxation of prediction markets like Kalshi and Polymarket, with bipartisan interest in addressing insider trading.
US politics
fromwww.mediaite.com
1 week ago

AOC Slams Prediction Markets' Move to Curb Insider Trading

Prediction markets face criticism and proposed legislation amid concerns over insider trading and insufficient measures to address the issue.
US politics
fromwww.npr.org
3 weeks ago

With boom in prediction markets, some lawmakers worry about how to police themselves

Prediction market bets on geopolitical events lack regulatory oversight, enabling potential insider trading by government officials without financial disclosure requirements.
Cryptocurrency
fromFortune
2 days ago

Prediction markets caught insider traders in real time. Congress wants to shut them down anyway | Fortune

Prediction markets expose insider trading issues, offering transparency through blockchain technology, and should not be banned by legislation.
Poker
fromCard Player
5 days ago

US Senators File Bill Banning Most Prediction Market Betting - Poker News

A Utah senator proposed a bill to ban prediction markets resembling sports betting to protect minors and uphold state gaming laws.
Intellectual property law
fromnews.bitcoin.com
1 day ago

CFTC and DOJ Sue 3 States as Jurisdiction Battle Raises Stakes for Prediction Markets

Federal authorities are asserting exclusive jurisdiction over prediction markets, challenging state regulations to ensure a unified framework for derivatives oversight.
US politics
fromPOLITICO
3 days ago

How prediction markets landed in Congress' crosshairs

Debate centers on regulation and taxation of prediction markets like Kalshi and Polymarket, with bipartisan interest in addressing insider trading.
US politics
fromwww.mediaite.com
1 week ago

AOC Slams Prediction Markets' Move to Curb Insider Trading

Prediction markets face criticism and proposed legislation amid concerns over insider trading and insufficient measures to address the issue.
US politics
fromwww.npr.org
3 weeks ago

With boom in prediction markets, some lawmakers worry about how to police themselves

Prediction market bets on geopolitical events lack regulatory oversight, enabling potential insider trading by government officials without financial disclosure requirements.
Social justice
fromwww.theguardian.com
21 hours ago

Billionaire fortunes have reached all-time highs under Trump. So has the movement to tax them

A proposed 5% wealth tax on California's billionaires aims to fund public services and education, reflecting growing support for taxing the wealthy.
Psychology
from24/7 Wall St.
1 day ago

Dave Ramsey Is Right About Why Americans Are Spending More and Feeling Worse

Emotional spending leads to financial problems, as people seek fulfillment through material possessions rather than saving.
#citigroup
France news
fromThe Local France
2 days ago

Citigroup orders home-working as US banks in Paris and Frankfurt tighten security

Citigroup has instructed employees in Paris and Frankfurt to work from home due to heightened security concerns following a thwarted attack on a US bank.
France news
fromwww.thelocal.com
2 days ago

Citigroup orders home-working as US banks in Paris and Frankfurt tighten security

Citigroup has instructed employees in Paris and Frankfurt to work from home due to heightened security concerns following a thwarted attack on a US bank.
France news
fromThe Local France
2 days ago

Citigroup orders home-working as US banks in Paris and Frankfurt tighten security

Citigroup has instructed employees in Paris and Frankfurt to work from home due to heightened security concerns following a thwarted attack on a US bank.
France news
fromwww.thelocal.com
2 days ago

Citigroup orders home-working as US banks in Paris and Frankfurt tighten security

Citigroup has instructed employees in Paris and Frankfurt to work from home due to heightened security concerns following a thwarted attack on a US bank.
LA real estate
fromtherealdeal.com
1 day ago

Campaign promises offered as assurances on California's troubled resi insurance market

Pacific Palisades residents face a $1.5 million gap between insurance payouts and rebuilding costs after last year's fire.
UK news
fromwww.bbc.com
2 days ago

New laws to make it easier to cancel subscriptions and get refunds

New laws will simplify subscription cancellations and refunds, potentially saving consumers nearly £170 annually.
US news
fromwww.npr.org
2 days ago

Trump's VA killed a home loan program. Vets are now losing their homes because of it

Over 10,000 veterans faced foreclosure due to the shutdown of a key VA home loan safety-net program, with 90,000 more at risk.
World politics
fromAxios
2 days ago

Jamie Dimon's warning: More geopolitical risk for America than since WWII

Business leaders must engage more actively in societal issues, as political solutions alone are insufficient.
#federal-reserve
Left-wing politics
fromHarvard Gazette
2 days ago

Powell issues a warning on U.S. debt - Harvard Gazette

Federal Reserve Chairman Jerome Powell emphasizes a cautious approach to economic impacts from the Iran war while maintaining a commitment to a 2% inflation target.
fromFortune
2 months ago
US politics

'That's exactly what a sock puppet does': Elizabeth Warren accuses Kevin Warsh of softening his rate stance for Trump | Fortune

Left-wing politics
fromHarvard Gazette
2 days ago

Powell issues a warning on U.S. debt - Harvard Gazette

Federal Reserve Chairman Jerome Powell emphasizes a cautious approach to economic impacts from the Iran war while maintaining a commitment to a 2% inflation target.
fromFortune
2 months ago
US politics

'That's exactly what a sock puppet does': Elizabeth Warren accuses Kevin Warsh of softening his rate stance for Trump | Fortune

fromwww.housingwire.com
2 days ago

Rocket Companies moves to dismiss RESPA lawsuit

Rocket Companies contends that the plaintiffs failed to plead injury, a qualifying referral, a thing of value, or an agreement, which are essential for their claims under RESPA.
Boston real estate
fromFast Company
2 days ago

Kalshi's new campaign in D.C. is an ad for everything wrong with prediction markets

Kalshi's ads emphasize that it bans insider trading and does not engage in death bets, aiming to reassure observers about the integrity of its market operations.
Marketing tech
#student-loans
Higher education
fromwww.businessinsider.com
3 days ago

Millions of student-loan borrowers risk being driven into a 'shadow' market of costly private lenders, a new report says

Risky lending products may increase as federal student-loan repayment changes could push borrowers towards subprime lenders.
fromBusiness Insider
2 months ago
Higher education

Trump is overhauling student loans, and private lenders are preparing for an influx of borrowers

Private student-loan lenders expect increased business after federal limits on graduate borrowing, prompting Democratic lawmakers' concerns about oversight and consumer protections.
Higher education
fromwww.businessinsider.com
3 days ago

Millions of student-loan borrowers risk being driven into a 'shadow' market of costly private lenders, a new report says

Risky lending products may increase as federal student-loan repayment changes could push borrowers towards subprime lenders.
fromwww.housingwire.com
2 days ago

FICO tri-merge price jumped 1,500% in four years, CHLA finds

The scale of the increases reflects limited competition in the mortgage credit score market, where lenders are required to use approved scoring models and have few alternatives.
Real estate
Business
fromwww.businessinsider.com
3 days ago

JPMorgan's investment in the 'American Dream' comes during a crisis of faith in capitalism

JPMorgan's American Dream Initiative aims to enhance upward mobility through investments in small businesses, housing, financial literacy, and healthcare.
World news
fromReadWrite
4 days ago

Experts say geopolitical trades test limits of insider trading laws

Unusual trading patterns before Trump's Iran announcement raise questions about market integrity and the adequacy of current regulations.
fromwww.businessinsider.com
3 days ago

Jamie Dimon says JPMorgan could do prediction markets with big guardrails

It's possible one day we'll do something like that. We're not going to be in sports. We're not going to be in politics. There's a bunch of stuff we won't do.
Media industry
fromwww.housingwire.com
3 days ago

Homeowner Assistance Fund backstopped vulnerable borrowers

The insights from this report help us think about potential gaps in the loss mitigation waterfall and the types of homeowners who may benefit from targeted support when they experience a crisis.
SF real estate
NYC politics
fromtherealdeal.com
4 days ago

Mamdani crackdown targets condo and co-op tax cheats

Residency requirements for voting in New York are ambiguous, impacting co-op and condo owners amid new tax abatement documentation rules.
Poker
fromFortune
3 days ago

Credit card delinquencies among millennials and Gen Z have soared because of sports betting-even in states where it's illegal, new Fed study finds | Fortune

Credit delinquency rates have increased significantly among sports bettors, particularly affecting Gen Z and millennials after legalization in the U.S.
SF politics
fromRaw Story
4 days ago

FBI director Kash Patel hit with legal action for move to dig up dirt on Dem

Rep. Eric Swalwell has sent a cease-and-desist letter to the FBI regarding potential release of files related to a suspected Chinese spy.
Venture
fromwww.mediaite.com
1 week ago

Elizabeth Warren Announces, I Have Questions for MrBeast' About Crypto and Children

Senator Elizabeth Warren questioned MrBeast's expansion into cryptocurrency, particularly its marketing to children and the banking partner's past issues.
#cftc
Law
fromEngadget
1 day ago

CFTC sues three states for trying to regulate prediction markets

CFTC is suing states for attempting to regulate prediction markets, asserting its exclusive jurisdiction over these financial instruments.
Intellectual property law
fromnews.bitcoin.com
1 day ago

Prediction Market Showdown: CFTC and DOJ Challenge Illinois State Gambling Authority in Federal Court

The CFTC filed a lawsuit against Illinois officials, asserting exclusive federal jurisdiction over prediction markets, challenging state gambling laws.
Cryptocurrency
fromnews.bitcoin.com
2 days ago

CFTC Finalizes Settlement With Former FTX Engineer, Imposes $3.7M Disgorgement

CFTC finalizes case against former FTX executive, imposing penalties and bans while emphasizing cooperation in crypto fraud investigations.
Law
fromEngadget
1 day ago

CFTC sues three states for trying to regulate prediction markets

CFTC is suing states for attempting to regulate prediction markets, asserting its exclusive jurisdiction over these financial instruments.
Intellectual property law
fromnews.bitcoin.com
1 day ago

Prediction Market Showdown: CFTC and DOJ Challenge Illinois State Gambling Authority in Federal Court

The CFTC filed a lawsuit against Illinois officials, asserting exclusive federal jurisdiction over prediction markets, challenging state gambling laws.
Cryptocurrency
fromnews.bitcoin.com
2 days ago

CFTC Finalizes Settlement With Former FTX Engineer, Imposes $3.7M Disgorgement

CFTC finalizes case against former FTX executive, imposing penalties and bans while emphasizing cooperation in crypto fraud investigations.
Intellectual property law
fromNextgov.com
16 hours ago

Tech bills of the week: Limiting adversaries' access to US tech; and boosting cyber apprenticeships

New legislation aims to strengthen U.S. export controls on sensitive technologies to prevent adversaries from exploiting them for economic gain.
#pam-bondi
fromwww.mediaite.com
20 hours ago
US politics

Nancy Mace Not Letting Pam Bondi Off the Hook for Epstein Testimony: She's Required by Law'

Pam Bondi's ousting as attorney general raises questions about her handling of Jeffrey Epstein files and her upcoming deposition.
fromwww.mediaite.com
1 day ago
US politics

Oversight Dems Calls for Bondi to Testify Before Congress

Pam Bondi is called to testify before Congress regarding her handling of the Epstein files after being ousted as attorney general.
US politics
fromwww.mediaite.com
20 hours ago

Nancy Mace Not Letting Pam Bondi Off the Hook for Epstein Testimony: She's Required by Law'

Pam Bondi's ousting as attorney general raises questions about her handling of Jeffrey Epstein files and her upcoming deposition.
US politics
fromwww.mediaite.com
1 day ago

Oversight Dems Calls for Bondi to Testify Before Congress

Pam Bondi is called to testify before Congress regarding her handling of the Epstein files after being ousted as attorney general.
US Elections
from24/7 Wall St.
2 days ago

Congress May Finally Ban Its Own Stock Trading and NANC Would Feel It First

The investment case for NANC relies on Congress members' ability to trade stocks, now facing significant legislative challenges.
Cryptocurrency
fromnews.bitcoin.com
2 days ago

US Treasury Seeks Industry Input as Stablecoin Regulation Enters Federal Rulemaking Phase

U.S. Treasury proposes new stablecoin regulation framework under the GENIUS Act, seeking public input on state and federal oversight alignment.
LA real estate
fromwww.housingwire.com
3 days ago

California bills target condo deposits and defect liability

California lawmakers are considering bills to reduce barriers for condominium construction, addressing deposit limits and construction defect liability.
SF real estate
fromwww.housingwire.com
4 days ago

How the ROAD to Housing Act could improve home affordability

COVID-19 and Federal Reserve actions led to a housing market frenzy, but rising mortgage rates and inflation have since decimated affordability.
Fundraising
fromFortune
4 days ago

Jamie Dimon says the American Dream is 'slipping out of reach'-and JPMorgan is spending billions to fix it | Fortune

The American Dream is at risk, prompting JPMorgan Chase to launch a multi-year initiative to enhance economic opportunities.
Left-wing politics
fromwww.mediaite.com
3 days ago

Fired FBI Agents Cite Todd Blanche's CPAC Boast in New Class Action Suit

Former FBI agents filed a lawsuit alleging politically motivated firings by bureau leadership, claiming due process was denied based on perceived political affiliation.
SF politics
fromFortune
4 days ago

Congress is violating the Constitution-and a $39 trillion debt is the proof | Fortune

Most Americans and many Members of Congress lack knowledge of the U.S. Constitution, leading to significant fiscal consequences.
NYC politics
fromwww.amny.com
4 days ago

Union workers, Council members urge Mamdani to fully fund city's labor watchdog agency as budget deficit fears grow | amNewYork

Union workers rallied for full funding of the Department of Consumer and Worker Protection amid proposed budget cuts by Mayor Mamdani.
UK news
fromBusiness Matters
4 days ago

Ford's FCE Bank sets aside 155m ahead of car finance compensation ruling

Ford's UK finance arm has raised its provisions for car finance mis-selling to £155 million amid a multibillion-pound compensation program.
US politics
fromwww.npr.org
1 day ago

As DOJ prepares to share state voter data with DHS, a key privacy officer resigns

The DOJ is acquiring sensitive voter registration data, raising privacy concerns, as a key privacy officer resigns amid ongoing legal challenges.
Law
from24/7 Wall St.
1 day ago

Dave Ramsey Tells Tutor With $24,000 IRS Debt to Pay the Government First in Her $94,000 Debt Snowball

Prioritize IRS debt over other debts due to its unique enforcement powers and penalties.
Cryptocurrency
fromnews.bitcoin.com
2 days ago

Charles Schwab-Backed EDX Markets Applies for National Trust Bank Charter With OCC

EDX Markets seeks OCC approval to establish EDX Trust as a national trust bank for institutional digital asset services in Chicago.
#insider-trading
US Elections
fromFortune
2 days ago

Prediction markets have sparked a golden age of insider trading-but the party may be coming to an end | Fortune

Insider trading in prediction markets has surged, raising concerns about unethical betting practices and lack of regulatory oversight.
Law
fromFortune
2 days ago

New top federal enforcer has his sights set on ending insider trading on prediction markets | Fortune

Curbing insider trading on prediction markets is a top priority for the Commodity Futures Trading Commission.
US Elections
fromFortune
2 days ago

Prediction markets have sparked a golden age of insider trading-but the party may be coming to an end | Fortune

Insider trading in prediction markets has surged, raising concerns about unethical betting practices and lack of regulatory oversight.
Law
fromFortune
2 days ago

New top federal enforcer has his sights set on ending insider trading on prediction markets | Fortune

Curbing insider trading on prediction markets is a top priority for the Commodity Futures Trading Commission.
fromwww.housingwire.com
1 week ago

Hawley probes FICO mortgage credit score pricing

An 88% operating margin and a compound annual growth rate of 100% in per-score pricing over five years are not hallmarks of a competitive market.
Real estate
SF real estate
fromFast Company
4 days ago

Fannie and Freddie stock prices are soaring today, but still down for the year. Here's why

Fannie Mae and Freddie Mac stocks surged after Bill Ackman's social media endorsement, highlighting their perceived undervaluation.
Law
fromwww.mediaite.com
1 day ago

Lawyers Warned Top Democratic PAC They May Have Misled Congress' on Illegal Foreign Donations Explosive NYT Report Reveals

ActBlue may have misled Congress about its foreign donation screening, raising legal risks and potential criminal liability.
fromBitcoin Magazine
2 days ago

U.S. Treasury Launches First GENIUS Act Rulemaking Proposal

The proposed rule establishes broad principles to guide the determination of whether state-level stablecoin regulatory regimes are 'substantially similar' to the federal framework, allowing smaller issuers to remain under state supervision.
Cryptocurrency
fromAbove the Law
1 week ago

Top SEC Enforcer Walks Rather Than Play Politics - Above the Law

Ryan's push for aggressive enforcement clashed with SEC leadership, leading to her resignation. The agency's current approach requires political appointees to approve investigations into their allies.
SF politics
fromwww.housingwire.com
1 week ago

Swalwell ends Privacy Act case against FHFA, Pulte

Swalwell claimed that Pulte improperly accessed his mortgage records when referring him to the U.S. Department of Justice over allegations of mortgage and tax fraud.
SF politics
fromAxios
2 days ago

"The Axios Show": Jamie Dimon on Trump, running for office and Epstein

They've been killing people around the world for 45-plus years. They've killed a lot of Americans. They've funded Hamas, Hezbollah, the Houthis ... they have terrorist cells here.
US politics
#housing-affordability
Real estate
fromwww.housingwire.com
2 weeks ago

MBA's Broeksmit on Trump orders, AI and mortgage affordability

Housing affordability depends on buildable supply at reasonable prices; psychological factors and fiscal concerns drive borrower behavior independent of interest rate expectations.
Cryptocurrency
fromnews.bitcoin.com
4 days ago

Warren Presses Commerce Department Over Bitmain Security Risks and Trump-Linked Crypto Ties

Heightened scrutiny over crypto supply chains involves concerns about foreign influence and infrastructure vulnerabilities linked to Bitmain and Eric Trump's ventures.
Intellectual property law
fromTechCrunch
1 week ago

Elizabeth Warren calls Pentagon's decision to bar Anthropic 'retaliation' | TechCrunch

Anthropic faces retaliation from the DoD for refusing military concessions, prompting support from Senator Warren and various tech companies.
US politics
fromFortune
4 days ago

Jerome Powell lets loose: 'it's very hard to build great democratic institutions and much easier to bring them down' | Fortune

Monitoring inflation is crucial due to energy price spikes, while the job market remains challenging for young graduates amid AI advancements.
Cryptocurrency
fromBitcoin Magazine
4 days ago

U.S. Senators Unveil Landmark Bitcoin Mining, Reserve Bill

The Mined in America Act aims to enhance U.S. digital asset mining, reduce foreign hardware reliance, and establish a Strategic Bitcoin Reserve.
EU data protection
fromwww.housingwire.com
1 month ago

How to ensure locked-down compliance during HMDA reporting season, and year-round

HMDA compliance requires year-round automation and verification systems to manage increasing regulatory scrutiny, as manual processes and data errors create significant compliance risks for financial institutions.
fromwww.housingwire.com
1 week ago

FinCEN's anti-money laundering rule struck down now what?

FinCEN clearly has the authority to regulate persons involved in real estate transactions, requiring them to establish a BSA compliance program and file suspicious activity reports.
Law
US politics
fromAbove the Law
4 days ago

Dems Scold Trump For Not Stealing Money Sooner - Above the Law

American airports face severe staffing shortages due to unpaid TSA agents, leading to long security lines and flight delays.
Real estate
fromwww.housingwire.com
3 weeks ago

Is it time to bring banks back to the mortgage business?

Mortgage loan origination collapsed from 14.2 million in 2021 to under 5 million in 2023, with independent mortgage banks filling the gap while maintaining quality, yet regulators and industry leaders argue banks should re-engage to restore competition and customer relationships.
Cryptocurrency
fromnews.bitcoin.com
1 week ago

FTC Warns Visa, Mastercard, Paypal, Stripe as Debanking Concerns Shake US Financial Access

Federal regulators are intensifying scrutiny of payment giants over account restrictions that may conflict with consumer expectations and policies.
US politics
fromwww.housingwire.com
1 week ago

FHFA's Bill Pulte files new DOJ referrals against Letitia James

FHFA Director Bill Pulte filed criminal referrals against NY Attorney General Letitia James for alleged insurance fraud misrepresentations.
Real estate
fromwww.housingwire.com
1 month ago

RESPA uncertainty fuels debate over agent-lender partnerships

RESPA's outdated 1974 framework creates compliance ambiguity for modern mortgage and real estate partnerships, causing lenders to lose business to competitors willing to pay higher referral fees to real estate agents.
Law
fromwww.housingwire.com
4 weeks ago

Trigger leads restrictions rewrite mortgage outreach rules

A new federal law effective March 5 prohibits credit bureaus from selling trigger leads to lenders, significantly reducing unsolicited mortgage solicitations unless consumers opt in or lenders have existing relationships.
US politics
fromFortune
1 month ago

The Consumer Financial Protection Bureau is under threat | Fortune

The Trump administration's cuts to the CFPB have cost Americans nearly $19 billion in lost consumer protections, with enforcement actions dropped and predatory lending practices left unchecked.
Real estate
fromwww.housingwire.com
1 month ago

Regulators urged to ease bank capital rules for mortgages

Trade groups asked regulators to recalibrate bank capital requirements for residential mortgages, MSRs, and warehouse lending to better reflect current risk and protections.
US politics
fromenglish.elpais.com
1 month ago

The White House is considering requiring banks to verify the citizenship of their customers

The Trump administration is considering an executive order requiring U.S. banks to collect citizenship documentation from customers, potentially blocking undocumented migrants from the banking system.
US politics
fromBitcoin Magazine
1 month ago

Warren To U.S. Government: "No Bailouts For Crypto"

Treasury and the Federal Reserve must not use taxpayer funds to support or bail out cryptocurrency investors or firms, preventing wealth transfer to crypto holders.
#cfpb
US politics
fromwww.housingwire.com
2 months ago

OCC escrow plan opposed by regulators, consumer advocates

The OCC proposed rules would let national banks control mortgage escrow terms and potentially withhold interest, preempting state consumer protections.
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