CFPB

Update 843: Two Tracks on Tax; CFPB Shutdown

Update 843 — Trump, Musk Shutter CFPB;Fork in the Road for Reconciliation Process The stop-and-start effort on the Hill to act on Donald Trump’s legislative priorities — tax, border security, defense, and energy — via the reconciliation process hit a fork in the road this week. The GOP may have a trifecta but the House …

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Update 842: Government Run-a-Musk

Update 842 — Constitution under Attack;Administration’s Assault on Law Expands This week saw new and continued attacks by the Trump administration on federal law and constitutional norms via dismantled programs, dismissed civil service workers, and personal data breaches, with more to come threatened. The emerging constitutional crises, accommodated by the GOP, are being challenged in …

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Update 836: Deregulation and Beyond

Update 836 — Deregulation and Beyond:Econ. Policy Agenda in Congress, Part 2 A modest gain for core consumer prices by 3.2 percent year-on-year in December’s CPI report — just under expectations and the first reduction in core prices since July — led this morning’s news. We will dive into the report and its implications for …

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Update 828: Contra Musk’s “CFPB” Tweet

Update 828 — Musk’s “Delete CFPB” Tweet:Defending Against the Uninformed Attack A set of online comments last week by business figures Mark Andreessen and the heads of the “Department of Government Efficiency,” Vivek Ramaswamy and Elon Musk laid bare the reflexive and uninformed hostility of leading industry supporters of Donald Trump to a government body …

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Update 820: All but Tied: Polls in Bell Lap

Update 820 — All but Tied: Polls in Bell Lap;Global Leaders Worry About Trump Tariffs The final New York Times/Siena poll of the 2024 election cycle published yesterday shows, for the first time, a flat-footed tie at 48 percent each for presidential candidates Kamala Harris and Donald Trump. In all of the seven battleground states …

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Update 817: CFPB Issues Guidance to Protect Borrowers

Update 817 — Perils of Short-Term Loans:CFPB Issues Guidance to Protect Borrowers You don’t need to be struggling to financially recover from a disaster or unexpected accident to find yourself considering the increasingly available financial products offered to the tens of millions of Americans seeking credit to get by. But these products come at a …

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