Congressional leaders say they want to pass a budget deal that would avoid deep spending cuts for at least a year. But talks have stalled, and many blame the White House's acting chief of staff.
The rule would have protected borrowers from ballooning loans with giant interest rates. Now, the Consumer Financial Protection Bureau proposes ripping the rule's teeth out.
President Trump is making personnel moves — naming an interim chief of staff and announcing his Interior secretary's resignation — while facing a dizzying number of investigations into his conduct.
The federal deficit ballooned to $779 billion in the fiscal year just ended — a remarkable tide of red ink for a country not mired in recession or war.
In a stern letter to the acting director of the Consumer Financial Protection Bureau, Mick Mulvaney, Senate Democrats demanded evidence that he is safeguarding student borrowers.
In a letter obtained by NPR, the Pentagon says it hasn't gotten "official notification" about a Trump administration plan to weaken the enforcement of a law protecting troops from predatory creditors.
The CFPB's interim chief is moving to disband a board designed to help consumer groups work with the agency to identify problems facing Americans who are being unfairly treated by financial firms.
Consumer Financial Protection Bureau chief Mick Mulvaney says he may shut down public access to more than a million complaints Americans have made about financial institutions.
The industry is holding its annual conference this week at Trump National Doral Golf Club near Miami. Critics say a Trump appointee is helping the industry by moving to ease regulations.