Musk calls for abolishing consumer agency GOP has long targeted
“Delete CFPB. There are too many duplicative regulatory agencies,” Musk wrote in a post on X.
Fed’s Waller leaning toward rate cut but open to a ‘skip’
Federal Reserve Gov. Christopher Waller, a Trump appointee, said that while recent inflation readings are concerning, monetary policy would remain restrictive even if the central bank cuts interest rates by another quarter-point this month.
Where did the money go? Latest from Synapse bankruptcy, Evolve
Banks have been returning some funds to fintech customers affected by the Synapse collapse, but a multimillion-dollar discrepancy between how much Synapse says customers are owed and how much the banks say they have remains.
Payments at the end of 2024: Lots of cliffhangers
As 2024 comes to a close, trends such as open banking, fights over credit card fees and the future of faster payments are still in flux.