Musk suggests closer scrutiny of Fed as Powell prepares to face Congress
Billionaire Elon Musk suggested in a series of social media posts that the Fed should undergo closer scrutiny, making the ...
Russell Vought, CFPB's new acting head, issues directives to halt parts of bureau activity
Trump’s DOGE, an advisory body led by Musk, has zeroed in on some agencies as part of its efforts to slash the size of ...
WBUR5d
The cautionary tale of Richard Nixon vs. his Fed chair
The story of former President Richard Nixon vs. Arthur Burns, his Fed Chair is a tale of a president pressuring the head of the central bank for political reasons. Burns fights it, then capitulates, ...
US inflation worsened last month as the cost of groceries and gasoline head higher
U.S. inflation accelerated last month as the cost of groceries, gas, and used cars rose, a disappointment for families and ...
CBS News7d
DOGE gets access into Consumer Financial Protection Bureau as OMB's Russell Vought takes over as acting head of federal consumer watchdog agency
Russell Vought, the new head of the U.S. Office of Management ... other parallel agencies because it is an extension of the Federal Reserve. During a press conference on Friday with Japanese ...
USA TODAY on MSN12d
Changes underway after Donald Trump fires head of Consumer Financial Protection Bureau
The Consumer Financial Protection Bureau is halting its operations amid Scott Bessent's takeover, according to reports.
Treasury Secy. Scott Bessent appointed acting head of CFPB
Treasury Secretary Scott Bessent will also serve as the acting head of the Consumer Financial Protection Bureau (CFPB) after ...
New Acting CFPB Chief Halts Investigations and Enforcements, Forgoes Some Federal Funding
Russell Vought, the new acting head of the consumer watchdog has directed its staff to cease investigations and enforcements while letting go of federal funds it was expected to draw.