The CFPB is funded by the Fed’s profits. Trouble is, there are none
The law that created the Consumer Financial Protection Bureau stipulates that the agency must be funded by the central bank’s earnings. But, the Fed has been losing money for two years. Therefore, its payments to the agency are not legal.
The politics of payment fees: Harris, Trump and the future of interchange
Merchants and card networks have battled over interchange rates for years. How will the next president change the fight?
How the Home Loan Banks’ reform proposals fit into Harris’s housing goal
The Federal Home Loans Bank System is under pressure to fund more affordable housing and has several proposals that may work in tandem with Vice President Kamala Harris' goal of building three million new units in her first term.
Controversial registration drive ineffective so far, SBA head says
Though it has yet to result in any new voters being added to the rolls, SBA is seeking to expand a initiative that has drawn the ire of congressional Republicans, who fear the effort is aimed at boosting Democratic voter