Tag #Financial Regulation

Showing 157 to 168 of 246 results

forbes.com
🌐 85% Global Worthiness
News related image

Trump-Musk CFPB Attack Freezes Billions in Consumer Relief

Senator Warren is holding a forum to investigate the Trump-Musk attack on the CFPB, which has frozen 38 cases, jeopardizing billions in potential consumer relief and leaving millions vulnerable to financial fraud. The agency's work has returned over \$21 billion to consumers, prevented housing marke...

Progress

64% Bias Score

Reduced Inequality
theguardian.com
🌐 85% Global Worthiness
News related image

UK Lenders' Advance Commissions in Motor Finance Scandal

UK court documents reveal that lenders paid millions in advance commissions to car dealerships, potentially leading to consumers being pushed into costlier loans; the scandal is projected to cost lenders \£44bn.

Progress

56% Bias Score

Reduced Inequality
bbc.com
🌐 85% Global Worthiness
News related image

Lloyds Triples Car Finance Mis-selling Provision to £1.2 Billion

Lloyds Banking Group tripled its provision for a car finance mis-selling scandal to £1.2 billion, impacting its annual profits, while facing a potential Supreme Court ruling in April impacting millions of customers and other lenders.

Progress

40% Bias Score

Reduced Inequality
abcnews.go.com
🌐 85% Global Worthiness
News related image

White House Halts CFPB Operations Amidst Consumer Protection Concerns

The Consumer Financial Protection Bureau (CFPB), facing attacks from the White House, has resolved 7.7 million consumer complaints and returned nearly $20 billion, but its future is uncertain after the White House halted its work and fired staff, despite court intervention.

Progress

52% Bias Score

Reduced Inequality
abcnews.go.com
🌐 85% Global Worthiness
News related image

Trump Administration Dismantles CFPB, Leaving Consumers Vulnerable

The Trump administration is firing over 95% of the Consumer Financial Protection Bureau's (CFPB) 1700 employees, leaving American consumers vulnerable to financial exploitation and undermining the agency's ability to regulate financial institutions. This action is part of the President's campaign to...

Progress

56% Bias Score

Reduced Inequality
mk.ru
🌐 75% Global Worthiness
News related image

Russia introduces cooling-off period for consumer loans to combat fraud

The Russian State Duma passed a law mandating a 4-hour to 48-hour cooling-off period for consumer loans above 50,000 rubles starting September 1, 2025, aiming to curb 4.4 billion rubles in loan fraud losses (Q4 2022-Q3 2023).

Progress

48% Bias Score

Reduced Inequality
forbes.com
🌐 85% Global Worthiness
News related image

Bank Employee Fraud Highlights Systemic Data Security Failures

A TD Bank employee's involvement in a nearly $500,000 check fraud scheme, using stolen customer data, reveals a pattern of bank employee fraud and inadequate data security, prompting calls for stronger regulation and oversight.

Progress

56% Bias Score

Reduced Inequality
faz.net
🌐 75% Global Worthiness
News related image

Bafin Bans Raiffeisenbank Hochtaunus from Commercial Real Estate Lending

Raiffeisenbank Hochtaunus eG, a German cooperative bank, has been banned by Bafin from issuing commercial real estate loans due to high loan defaults, low equity capital, and other structural risks, prompting merger talks with Volksbank Mittelhessen.

Progress

44% Bias Score

Reduced Inequality
theguardian.com
🌐 75% Global Worthiness
News related image

UK Government Considers Slashing Cash ISA Allowance

The UK government is considering slashing the annual cash ISA allowance from £20,000 to £4,000, sparking opposition from savings providers concerned about reduced mortgage availability and the impact on the £300 billion held in these accounts.

Progress

52% Bias Score

Reduced Inequality
npr.org
🌐 85% Global Worthiness
News related image

CFPB Layoffs Spark Concerns Over Consumer Protection

The CFPB laid off 70 to 100 term employees and 73 recent employees this week, due to a White House initiative, prompting a lawsuit and concerns about the agency's ability to fulfill its legal obligations, particularly given that many Republicans have long sought the agency's abolishment.

Progress

52% Bias Score

Reduced Inequality
dailymail.co.uk
🌐 85% Global Worthiness
News related image

Saba Capital's Investment Trust Restructuring Plan Raises Woodford-Style Collapse Fears

Saba Capital's plan to convert four UK investment trusts from closed-ended to open-ended funds risks repeating the Woodford fund's collapse, putting investor savings at risk, according to Baroness Ros Altmann, who warns that this could damage future returns for other investors.

Progress

52% Bias Score

Reduced Inequality
abcnews.go.com
🌐 90% Global Worthiness
News related image

Democrats Demand Reversal of CFPB Shutdown

191 Democrats sent a letter demanding the reversal of actions that have effectively shut down the Consumer Financial Protection Bureau (CFPB), following a takeover by the Office of Management and Budget and Elon Musk's Department of Government Efficiency, citing potential harm to consumers and alleg...

Progress

64% Bias Score

Reduced Inequality

Showing 157 to 168 of 246 results