Tag #Financial Regulation

Showing 121 to 132 of 181 results

cnbc.com
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CFPB Shutdown: Funding Halted, Activities Suspended Amidst Musk's Involvement

Following the arrival of Elon Musk's DOGE employees at the CFPB, acting director Russell Vought suspended nearly all agency activities, halting funding and jeopardizing consumer protection initiatives that would save consumers tens of billions of dollars, while the CFPB headquarters is closed until ...

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48% Bias Score

Reduced Inequality
theguardian.com
🌐 85% Global Worthiness
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Thames Water Faces £18.2m Penalty for Unjustified Dividends Amidst Conflict of Interest Concerns

Thames Water, facing bankruptcy, paid £195.8 million in dividends, resulting in an £18.2 million penalty from Ofwat due to a suspected conflict of interest involving chair Sir Adrian Montague, who held positions at both Thames Water and its parent company; government officials raised concerns prior ...

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56% Bias Score

Clean Water and Sanitation
lemonde.fr
🌐 75% Global Worthiness
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France Certifies 2,000+ Influencers to Regulate Online Financial Advertising

The French advertising regulator, ARPP, has certified over 2,000 influencers since 2021, including 50 in finance, after a 3-hour training addressing transparency in online advertising, aiming to combat fraudulent offers.

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40% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 85% Global Worthiness
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UBS Shares Fall 6 Percent Amid Concerns Over Stricter Swiss Capital Rules

UBS shares dropped as much as 6 percent on Tuesday despite exceeding fourth-quarter profit expectations, due to CEO Sergio Ermotti's warning about stricter Swiss capital rules that could impact the bank's buyback plans and future profitability, with a government proposal to be published in May.

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56% Bias Score

Decent Work and Economic Growth
cbsnews.com
🌐 85% Global Worthiness
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Trump Fires CFPB Director Rohit Chopra

President Trump fired Rohit Chopra, director of the Consumer Financial Protection Bureau (CFPB), a Biden administration holdover, on [Date], raising concerns about the future of consumer financial protection. Chopra, in a letter to the president, said that the CFPB has done much to restore the rule ...

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48% Bias Score

Reduced Inequality
npr.org
🌐 85% Global Worthiness
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Trump Removes CFPB Director Rohit Chopra

President Trump fired Rohit Chopra, the director of the Consumer Financial Protection Bureau (CFPB), on Saturday, fulfilling expectations and enabling the appointment of a new director. Chopra's tenure, marked by lawsuits against major banks for failing to protect consumers from fraud, has ended due...

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48% Bias Score

Reduced Inequality
theguardian.com
🌐 75% Global Worthiness
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Trump Meme Coin's Rise and Fall Exposes Meme Coin Risks

Days before his inauguration, Donald Trump launched a meme coin, """$Trump""", which soared then plummeted; this, alongside other meme coins like """$Melania""", highlights the speculative nature of meme coins, their easy creation, and the risks for investors.

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52% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
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CFPB's X Account Deactivated Amidst Pushback from Tech Leaders and Republicans

The CFPB's X account went offline after the appointment of a new acting director, reflecting ongoing tensions between the agency and tech and finance industry figures like Elon Musk, who has called for its abolishment, and Republicans who aim to weaken it.

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64% Bias Score

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politico.eu
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EU's Three Largest Economies Propose Banking Competitiveness Report

France, Germany, and Italy proposed a report to assess the competitiveness of the EU banking sector, citing lower valuations, declining market share, and limited scale compared to US banks; the report, modeled after the Draghi report, would offer policy recommendations by June 2026, impacting the 20...

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36% Bias Score

Decent Work and Economic Growth
cnn.com
🌐 85% Global Worthiness
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Trump Fires CFPB Director Rohit Chopra

President Trump fired Rohit Chopra, CFPB director, on Saturday, following pressure from Republicans and financial institutions. Chopra implemented consumer-friendly regulations, including overdraft and late fee caps, which are likely to face legal challenges.

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36% Bias Score

Reduced Inequality
edition.cnn.com
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Trump Fires CFPB Director Rohit Chopra Amidst Regulatory Battles

President Trump fired Rohit Chopra, the Consumer Financial Protection Bureau (CFPB) director, on Saturday, following pressure from Republicans and financial institutions opposed to his consumer-focused regulations, including limits on overdraft and late fees, and increased data accessibility.

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44% Bias Score

Reduced Inequality
theguardian.com
🌐 75% Global Worthiness
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Australian Bank Fees Jump 5% as Cost of Living Crisis Drives Borrowing

Australian households paid almost 10% more in bank fees in 2023-24, driven by increased credit card and personal loan use amid the rising cost of living, leading to a 5% jump in bank fee revenue—the first annual increase in seven years.

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20% Bias Score

Reduced Inequality

Showing 121 to 132 of 181 results