A panel of former top central bankers has advised the Federal Reserve to abandon its nearly five-year-old policy framework, which prioritizes employment over inflation control. The group, led […]
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Congressional Watchdog Investigates Trump’s Efforts to Dismantle CFPB
A congressional watchdog agency is investigating President Donald Trump’s efforts to dismantle the Consumer Financial Protection Bureau (CFPB), as reported by CNN. This investigation comes after Senate Democrats […]
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Deutsche Bank Reports Highest Profit in 14 Years
Deutsche Bank has announced its highest profit in 14 years, marking a significant turnaround for the financial institution. This achievement reflects the bank’s strategic focus on cost-cutting measures, […]
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Key Consumer Protections at Risk Amid Legal Battles
As President Donald Trump’s administration continues its cost-cutting measures, the Consumer Financial Protection Bureau (CFPB) faces significant challenges. Many of its regulations are now under scrutiny. In February, […]
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The content appears to reference strategies for avoiding credit card late fees following a court decision that discarded a proposed cap on such fees. However, the main article […]
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Federal Judge Strikes Down CFPB Rule Capping Credit Card Late Fees
A federal court judge in Texas has overturned a rule from the Consumer Financial Protection Bureau (CFPB) that aimed to limit excessive credit card late fees to $8. […]
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ECB Considers June Rate Cut Amid Economic Uncertainty
European Central Bank policymakers are increasingly leaning toward a rate cut in June due to weakening economic conditions, but they remain cautious about making a significant move. Six […]
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Why Trump’s Pressure on the Fed Might Not Lead to Lower Rates for Consumers
President Donald Trump has been urging the Federal Reserve to cut interest rates, but even if the Fed complies, it might not result in lower borrowing costs for […]
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Why Trump’s Pressure on the Fed to Cut Rates May Not Benefit Consumers
President Donald Trump has been urging the Federal Reserve to cut interest rates, but even if the Fed were to comply, it might not lead to lower borrowing […]
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Trump’s Criticism of Federal Reserve Chair Jerome Powell Intensifies
US President Donald Trump has intensified his criticism of Federal Reserve Chair Jerome Powell, questioning his leadership and policies. Since Powell’s appointment in 2018, Trump has repeatedly criticized […]