financial regulation

In a move that could significantly impact millions of Americans, the Trump administration is taking steps to allow medical debt to reappear on credit reports. A federal rule implemented in 2014 had restricted the inclusion of such debt, but the Consumer Financial Protection Bureau (CFPB) is now seeking to overturn...

In a move that has sparked intense debate, the Federal Reserve has decided to rescind a mandate that required banks to plan for climate-related risks. The policy, introduced during the Biden administration, had been seen as a crucial step in ensuring that financial institutions were prepared for the potential impacts...