Russell T
Trump Proposes $163 Billion in Cuts Across Government in New Budget
President Trump on Friday proposed slashing $163 billion in federal spending next fiscal year, a drastic retrenchment in the role and reach of government that, if enacted, would eliminate a...
Federal Watchdog Reveals Dozens of Inquiries Into Trump’s Withholding of Funds
An independent federal watchdog has opened more than three dozen investigations into the Trump administration to determine if it has illegally withheld billions of dollars in congressionally approved funds, raising...
New Details Emerge on Trump Officials’ Sprint to Gut Consumer Bureau Staff
Two weeks ago, a three-judge panel from the federal appeals court in Washington lifted a freeze on firing employees at the Consumer Financial Protection Bureau, with some conditions. The judges,...
Trump and DOGE Are Planning Deregulation at a Massive Scale
At the Department of Health and Human Services, Trump administration officials want to reverse a regulation that has required nursing homes to have more medical staff on duty.At the Mine...
House Strikes Down $5 Overdraft Fee Limit, Sending Issue to Trump
The House of Representatives on Wednesday approved resolutions striking down a $5 cap on most bank overdraft fees and overturning a rule that would have given a federal regulator greater...
Consumer Bureau Seeks to Undo Settlement and Repay Mortgage Lender
Under President Trump, the Consumer Financial Protection Bureau has dropped nearly a dozen enforcement cases brought during the Biden administration, ending lawsuits against banks and lenders for a variety of...
CFPB Drops Lawsuit Against Capital One Bank That Accused It of Tricking Customers
Days before President Trump was inaugurated, the Consumer Financial Protection Bureau sued Capital One, accusing it of using deceptive tactics that the bureau said cheated customers out of $2 billion...
Struggle Over Americans’ Personal Data Plays Out Across the Government
Last week, Michelle King, the acting commissioner of the Social Security Administration, sought to reassure Democrats on Capitol Hill about the presence of two of Elon Musk’s allies at her...
How Trump Is Gutting Regulatory Agencies Like the SEC, CFPB and EEOC
The Trump administration is rapidly delivering wins to American companies by rolling back regulations, pausing investigations and retreating from lawsuits accusing employers of discrimination.A combination of firings, stop-work orders and...
Elon Musk’s Attacks on CFPB Remove Obstacle to Building ‘X Money’
Elon Musk, the world’s richest man, is widely known for amassing his fortune through Tesla, his electric car company, and SpaceX, the rocket ship company he founded.But he started his...
