House votes to repeal auto-loan guidance, setting new precedent

The House voted Tuesday to repeal a controversial edict on auto lending from the Consumer Financial Protection Bureau (CFPB), capping off an unprecedented use of congressional power…

Ryan: GOP has deal on bill easing Dodd-Frank

Speaker Paul Ryan (R-Wis.) said Tuesday that the House and Senate have struck a deal to pass the upper chamber’s bipartisan bill to roll back strict financial rules enacted by President Obama.Rya…

SEC subpoenas Jay-Z to testify in probe of clothing brand

The Securities and Exchange Commission (SEC) is seeking an order forcing rapper and entrepreneur Jay-Z, whose real name is Shawn Carter, to comply with a subpoena for testimony, the agency announced Thursday….

Trump hits China for currency devaluation, countering Treasury report

President Trump on Monday criticized China for devaluing its currency days after the Treasury Department sai…

Senate passes bipartisan bill to roll back Dodd-Frank

Senate votes to advance changes to Dodd-Frank rollback

The Senate voted Monday to advance a set of updates to a bipartisan bill to loosen strict banking rules that are part of the Dodd-Frank Wall Street Reform and Consumer Protection Act. The Senate …

Rubio: GOP tax bill ‘probably went too far’ to help corporations

Sen. Marco Rubio (R-Fla.) said in an interview published Friday that Republicans “probably went too far” cutting corporate taxes in their just-enacted overhaul of the tax code.Rubio said he expec…

Court sides with Trump in consumer agency fight

The ruling clears the way for Mick Mulvaney to run the CFPB.

White House says Trump authority is supreme in agency fight

Senior White House officials insisted Saturday that President Trump is legally allowed to appoint an acting director for the Consumer Financial Protection Bureau (CFPB), which is an independent agency….

Consumer bureau chief announces resignation

Richard Cordray has told the agency’s employees he is stepping down.

House passes sweeping bill to strip back financial rules

Rep. Jeb Hensarling called the Dodd-Frank law “a grab bag of leftist ideas.”

Trump mulling breakup of Wall Street banks

President Trump said Monday he’s considering breaking up major Wall Street banks and could support bringing back a Depression-era law separating consumer and investment banking.”I’m looking at that right now,” Trum…

Trump flips on four policies in one day

President Trump on Wednesday flipped to new positions on four different policy issues, backing off of several campaign promises.In an interview and a press conference, Trump either shifted or co…

Overnight Finance: Trump takes US out of Pacific trade deal | WH says Trump has left his businesses | Lobbyists expect boom times

Trump signs order pulling U.S. from Pacific trade deal: President Trump signed an executive order on Monday announcing his plan to withdraw the U.S. from the Trans-Pacific Partnership (TPP) trade deal….

Overnight Finance: Trump takes US out of Pacific trade deal | WH says Trump has left his businesses | Lobbyists expect boom times

Trump signs order pulling U.S. from Pacific trade deal: President Trump signed an executive order on Monday announcing his plan to withdraw the U.S. from the Trans-Pacific Partnership (TPP) trade deal….

Dow hits all-time high after wild day of trading

The Dow Jones industrial index hit an an all-time high Wednesday, reversing a massive drop triggered by President-elect Donald Trump’s improbable win.The Dow surged more than 300 points briefly Wednesday…

Sanders criticizes Trump after SC loss

Sen. Bernie Sanders (I-Vt.) took a swipe at Republican front-runner Donald Trump in a statement after losing the South Carolina Democratic primary to Hillary Clinton.Sanders played down Clinton’s overwhelming…

Ex-CIA chief: Armed forces would have to disobey Trump

The former director of the Central Intelligence Agency and the National Security Agency said Friday that if the military would have to disobey Donald Trump if he followed through on certain campaign promises as president…

McConnell prepping GOP senators to split from Trump: report

McConnell is reportedly telling vulnerable GOP senators they can create separation from Trump.