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The Consumer Financial Protection Bureau, now led by Treasury Secretary Scott Bessent, agreed to temporarily halt enforcement and litigation over its medical debt rule, handing the banking industry an immediate reprieve.
February 7
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Until last month, Altadena was a flourishing melting pot. Now, with thousands of houses burned and no functioning banks, residents wonder if it will ever be the same.
February 7
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The 30-year fixed rate mortgage continues to slip away from the 7% mark, Freddie Mac said, but experts still expect them to stay higher for longer.
February 6
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Oil and gas companies are borrowing to invest in more drilling and new processing facilities to meet rising global needs for U.S. fossil fuels. Several banks said energy loan demand is expected to strengthen further this year.
February 6
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Despite crypto-friendly signals coming from Washington, getting a bank account still appears to be a challenge for crypto businesses and investors.
February 6
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The $4 trillion-asset company is looking to grow its deposit franchise by building a presence in new markets. The 24-branch addition in Alabama is its latest part of that push.
February 5
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Founder Ken LaRoe says his decision to step back from daily management chores will help the Orlando, Florida-based Climate First Bancorp maintain its independence.
February 5
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Trump's executive order to create a U.S. sovereign wealth fund raises important questions — as yet unanswered — around funding, governance, political interference and the purpose that such a fund would serve.
February 5
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The reality of banking is that some customers are riskier and more labor-intensive than some banks want to tolerate. If Congress doesn't like where banks draw the line, it needs to understand what moving it will entail.
February 5
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The senators introduced legislation that would limit the interest rate card issuers are able to charge holders for the next five years.
February 4
