Tag #Financial Regulation

Showing 97 to 108 of 181 results

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
forbes.com
🌐 85% Global Worthiness
News related image

Powell's Crypto Statement Signals Potential Return to "Free Banking

Federal Reserve Chair Jerome Powell indicated that banks should be allowed to offer cryptocurrency services, potentially ushering in a new era of "free banking" similar to historical models in Scotland and the pre-Civil War United States, characterized by market discipline and reduced government reg...

Progress

56% Bias Score

Decent Work and Economic Growth
elmundo.es
🌐 75% Global Worthiness
News related image

CNMV Investigates Meta for Unauthorized Financial Ads

The Spanish CNMV is investigating Meta for allowing ads from unauthorized investment firms on its platforms, mirroring its sanction of Twitter for similar violations; this follows a 2023 law change increasing platform responsibility for vetting financial advertisers.

Progress

48% 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
npr.org
🌐 85% Global Worthiness
News related image

CFPB Enforcement and Supervision Heads Resign Amidst Agency Shutdown

The heads of supervision and enforcement at the CFPB, Lorelei Salas and Eric Halperin, resigned on Tuesday, citing stop-work orders from acting Director Russell Vought that halted all agency operations, jeopardizing consumer protection efforts that previously secured $9.5 billion in penalties and re...

Progress

40% Bias Score

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

Trump Administration Halts Consumer Financial Protection Bureau

The Trump administration halted the Consumer Financial Protection Bureau (CFPB), suspending rules on bank overdraft fees and medical debt, prompting protests and resignations; the agency has returned nearly $20 billion to consumers since its creation.

Progress

48% Bias Score

Reduced Inequality
politico.eu
🌐 75% Global Worthiness
News related image

UK Regulatory Decisions Strain Post-Brexit Financial Ties with EU

The UK's delayed implementation of Basel III banking rules and proposed cap on card transaction fees have angered the EU, creating friction in their post-Brexit financial services relationship despite ongoing talks and some areas of cooperation.

Progress

52% Bias Score

Decent Work and Economic Growth

Showing 97 to 108 of 181 results