Podcasts about Consumer Financial Protection Bureau

Watch The X22 Report On Video No videos found (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:17532056201798502,size:[0, 0],id:"ld-9437-3289"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");pt> Click On Picture To See Larger Picture The [CB] is losing control of the economy, they wanted a crash instead Trump has turned it around and the economy is growing very quickly. The D’s are trying to convince the people that the economy is worse than what Trump is letting on, this will fail.Watch gold, silver and Bitcoin. The [DS] tried to gain control the military by having the seditious 6 tell the military not to obey, Trump gives them a dividend check to show he cares about them. The Epstein files were released, it all points to the Clinton’s and the D’s. The entire plan backfired on the [DS], boomerang. Every step of the way they are feeling the pain. The [DS] wants war and Trump is fighting against those countries who are suppose to be our allies. He will get peace in the end. Economy (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:18510697282300316,size:[0, 0],id:"ld-8599-9832"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="https://cdn2.decide.dev/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Treasury Secretary Scott Bessent BODIES Elizabeth “Pocahontas” Warren with a Devastating Reminder After She Claims Trump is Setting the Stage for the Next Economic Crash  Senator Elizabeth “Pocahontas” Warren (D-MA) made a poor decision trying to school Treasury Secretary Scott Bessent earlier this week, and it spectacularly backfired. https://twitter.com/atrupar/status/2000915011154112623?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E2000915011154112623%7Ctwgr%5E4c8d9bec902c32b0cd01ee05619255f6315a3493%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.thegatewaypundit.com%2F2025%2F12%2Ftreasury-secretary-scott-bessent-bodies-elizabeth-pocahontas-warren%2F  substantial increase in private credit which is outside of the regulated banking system — that tells me that the regulated system is too constrained.” https://twitter.com/SenWarren/status/2001375798947885283?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E2001375798947885283%7Ctwgr%5E4c8d9bec902c32b0cd01ee05619255f6315a3493%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.thegatewaypundit.com%2F2025%2F12%2Ftreasury-secretary-scott-bessent-bodies-elizabeth-pocahontas-warren%2F https://twitter.com/SecScottBessent/status/2002138930410324028?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E2002138930410324028%7Ctwgr%5E4c8d9bec902c32b0cd01ee05619255f6315a3493%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.thegatewaypundit.com%2F2025%2F12%2Ftreasury-secretary-scott-bessent-bodies-elizabeth-pocahontas-warren%2F  Administration. Over-regulation is not the solution to what ails the American banking system. Rigorous, responsible supervision is. The initial report on the 2023 debacle by former Vice Chairman for Supervision, Michael Barr, was an exercise in obfuscation and sophistry. The American people deserve supervisors who are not asleep at the wheel, and the incoming Chairman of the Federal Reserve should undertake a thorough investigation of the systemic and oversight failures that led to that disaster. Source: thegaetwaypundit.com Trump announces that they've sold $1.3 BILLION worth of Gold Cards within Days Political/Rights https://twitter.com/RepJamesComer/status/2002011743254380602?s=20 More than a dozen politically exposed people and government officials’ names appear in the hundreds of thousands of pages of Jeffrey Epstein files made public Friday, sources said. And Deputy Attorney General Todd Blanche said the DOJ discovered more than 1,200 victims and their families during the exhaustive review, explaining the process behind determining which files could be released in a letter to Congress exclusively obtained by Fox News Digital. https://twitter.com/Badhombre/status/2002388917618610413?s=20   home in New York to solicit money for her campaign and the DCCC. FBI was warned that Jeffrey Epstein was into child porn — but ignored it for 10 years, docs show   A former employee of late sex predator Jeffrey Epstein alerted the FBI that he was interested in “child pornography” and that he threatened to “burn her house down” decades before Epstein became an international fixation — but feds apparently did nothing. Source: nypost.com   If there was every anything about Trump, it would have been released before he reached the bottom of the escalator in 2015, the Comey FBI would have leaked it, and the Dems would have brought it up at some point while Biden was in office. But none of that happened. Why? Because Epstein leads to the Dems, and people like myself have been trying to warn the world about it for 10+ years.  https://twitter.com/WarClandestine/status/2002408563193368834?s=20  and it worked brilliantly. Could you imagine if in Trump's first term he released all this stuff about Epstein? The public would not have believed it, and the Dems/MSM would have claimed it was all politically motivated and fabricated by Trump. The only way this Epstein disclosure was going to work, was to get the public to beg for it. So that's what Trump did. https://twitter.com/MikeBenzCyber/status/2002450017647301084?s=20 https://twitter.com/WarClandestine/status/2002530633394934144?s=20   partner with Wolfe via the TerraMar project, which is also connected to the Clintons and the Clinton Foundation. What is Nathan Wolfe known for? Searching for bat coronaviruses in Ukraine via USAID Project PREDICT, via his biolab company, Metabiota, which was funded via Rosemont Seneca, which is partially owned by Hunter Biden. Russia accused Wolfe and his biolab company of creating genome-specific biological weapons in Ukraine. This situation has been addressed by RFK Jr. and Tulsi multiple times, and has been a major topic at the UN for over 3 years now. So Epstein had an interest in eugenics and he had financial/social connections to virologists who were making genome-specific biological weapons via USAID grants in Ukraine. Nathan Wolfe even directly thanked Epstein in his 2011 book “The Viral Storm: The Dawn of the New Pandemic Age” where Wolfe predicted the COVID pandemic 8 years before it happened… So what am I getting at? I think Epstein had plans to engage in ethnic cleansing/population control/genocide via biological weapon, and I think he had something to do with Covid. Epstein is at the epicenter of the Deep State empire. He was essentially a real life James Bond villain. The timing could not be worse. He and Hillary are in the middle of trying to fight subpoenas to testify in person to the House Oversight Committee on the Epstein matter and what they might know. They want to submit sworn statements. Republican Committee Chair James Comer (KY-1) wants to be able to question and cross-examine them in person.  DOGE Geopolitical U.S. Snatches Venezuela Oil Tanker in Dark‑Hour Strike on Narco‑Terror Funding In a stealth operation carried out before dawn on Dec. 20, the U.S. Coast Guard—working alongside the Department of War—seized an oil tanker last seen in the terrorist state of Venezuela. The United States accused the ship's operators of moving sanctioned crude to fuel narco‑terror activity. Officials issued a stark warning to traffickers: “We will find you, and we will stop you. https://twitter.com/Sec_Noem/status/2002481990755627050?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E2002481990755627050%7Ctwgr%5E0acb5b51ea0ddfb03f7a0e25a375c9245159ce68%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.breitbart.com%2Ft%2Fassets%2Fhtml%2Ftweet-5.html2002481990755627050 https://twitter.com/PeteHegseth/status/2002504193924342003?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E2002504193924342003%7Ctwgr%5E1410e2476c70f24b31810862ee2f8e034c77bc3e%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.breitbart.com%2Ft%2Fassets%2Fhtml%2Ftweet-5.html2002504193924342003  conduct maritime interdiction operations — through OPERATION SOUTHERN SPEAR — to dismantle illicit criminal networks. Violence, drugs, and chaos will not control the Western Hemisphere. Source: breitbart.com U.S. imposes sanctions on family and associates of Venezuela’s Maduro and his wife The United States on Friday imposed sanctions on family members and associates of Nicolás Maduro and his wife, as Washington ratchets up pressure on the Venezuelan president. The U.S. Treasury Department said in a statement that it had imposed sanctions on seven people it said were tied to Maduro and his wife. U.S. Treasury Secretary Scott Bessent accused them of “propping up Nicolás Maduro’s rogue narcostate.” “ Source: cbc.ca War/Peace Zelenskyy Announces Eastern Ukraine Citizens Will Not Be Allowed to Vote in Elections Ukraine President Volodymyr Zelenskyy has agreed to hold elections if there is a ceasefire.  However, eastern Ukraine citizens, those currently living in the Donbas region, who are supportive of Russia, will not be permitted to vote. This creates a rather bizarre official hypocrisy within the Zelenskyy regime.  The official position of Zelenskyy is that Eastern Ukraine will never be accepted as a part of the Russian federation. Zelenskyy has recently noted, with EU leadership support, that his government will never recognize Eastern Ukraine as part of the Russian federation.  However, this same region, approximately 20% of Ukraine, will not be permitted to participate in his controlled election. Essentially, any Ukraine resident who does not support Zelenskyy will not be permitted to vote in any election, if any election is ever permitted.  Additionally, Zelenskyy notes that “there is the practice of voting abroad,” however, any region not controlled by Zelenskyy cannot submit votes. Source: zerohedge.com A Lie And Propaganda’: Gabbard Fact-Checks Reuters’ Russia Scaremongering In Real Time    Reuters posted an anonymously-sourced story pushing the idea that Russia is bent on reconstituting the Soviet Union. Before the metaphorical ink had dried, Director of National Intelligence Tulsi Gabbard pounced, condemning the story as “a lie and propaganda” on behalf of “warmongers” seeking to derail President Trump’s drive to end the long and bloody Ukraine war.   Reuters vaguely attributed the purported US intelligence conclusions about Russia to “six sources familiar with US intelligence.”    https://twitter.com/DNIGabbard/status/2002484806978834862?s=20  narrative to block President Trump's peace effort, and fomenting hysteria and fear among the people to get them to support the escalation of war, which is what NATO and the EU really want in order to pull the United States military directly into war with Russia. The truth is the US intelligence community has briefed policymakers, including the Democrat HPSCI member quoted by Reuters, that US Intelligence assesses that Russia seeks to avoid a larger war with NATO. It also assesses that, as the last few years have shown, Russia's battlefield performance indicates it does not currently have the capability to conquer and occupy all of Ukraine, let alone Europe. https://twitter.com/TulsiGabbard/status/2002503405156151648?s=20   invade/conquer Europe (in order to gin up support for their pro-war policies). The truth is that ‘US intelligence' assesses that Russia does not even have the capability to conquer and occupy Ukraine, what to speak of ‘invading and occupying' Europe.   Source: zerohedge.com WATCH: US CENTCOM Releases Footage from Operation Hawkeye Strikes Against 70+ ISIS Targets  US Central Command released footage from Operation Hawkeye strikes against ISIS militants and facilities on Friday night. “Tonight, U.S. and Jordanian forces struck 70+ ISIS targets in Syria with 100+ precision munitions. Peace through strength,” CENTCOM said on X. This is one of 10 operations conducted in Syria and Iraq since the December 13 ambush in Syria, which left multiple American service members injured and two soldiers and a civilian interpreter killed. Twenty-three terrorist operatives have been killed or detained, according to CENTCOM. “We will continue to relentlessly pursue terrorists who seek to harm Americans and our partners across the region,” CENTCOM Commander Admiral Brad Cooper said. TAMPA, Fla.- Following the attack on U.S. and partner forces last Saturday, U.S. Central Command (CENTCOM) commenced Operation Hawkeye Strike at 4 pm ET against ISIS in Syria, Dec. 19, at the Commander in Chief's direction. Source: thegatewaypundit.com   of Syria, led by a man who is working very hard to bring Greatness back to Syria, and is fully in support. All terrorists who are evil enough to attack Americans are hereby warned — YOU WILL BE HIT HARDER THAN YOU HAVE EVER BEEN HIT BEFORE IF YOU, IN ANY WAY, ATTACK OR THREATEN THE U.S.A. DONALD J. TRUMP PRESIDENT OF THE UNITED STATES OF AMERICA Medical/False Flags [DS] Agenda https://twitter.com/ElectionWiz/status/2002717078722052256?s=20  reclassify serious crimes as less severe “intermediate offenses” that are not publicly reported. https://twitter.com/EndWokeness/status/2002421989886075083?s=20 BREAKING: HUD Sec. Scott Turner CONFIRMS major investigation into Boston for anti-white public housing discrimination“They were using discriminatory housing policies in their city! We found a quote on their website that said they will integrate ‘racial equity at every level of city government.'”“They put race above reality. They put race above merit and need. Our job at HUD is to enforce and uphold the fair housing – and they were evading and encouraging landlords and property owners to evade the Fair Housing Act!”“They have been put on NOTICE. We uphold and enforce this law.” https://twitter.com/EricLDaugh/status/2002091915819253766?s=20  weaponized against Minnesota!” GOOD. IT’S CALLED ACCOUNTABILITY, TIM. “They’re threatening us with this. And this is what happens when you have a floundering presidency, and it is about those ballrooms and everything else. Now we’re back on transgender folks. And these are healthcare providers providing the best guidance to parents and children to get their care.” “It’s on every front! It’s CDLs, it’s transportation money, it’s money across the board that they have weaponized!” He should be worried. https://twitter.com/AAGDhillon/status/2002596210620969230?s=20 https://twitter.com/ScottAdamsSays/status/2002531244131991931?s=20 https://twitter.com/cb_doge/status/2001646253655097726?s=20 https://twitter.com/RapidResponse47/status/2002203857955549464?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E2002203857955549464%7Ctwgr%5E7d1378774cdcbdfe43552d1c5b5ef213bd4f721f%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.breitbart.com%2Ft%2Fassets%2Fhtml%2Ftweet-5.html2002203857955549464 President Trump's Plan Democrats Have Devised a Plan to Compete With Turning Point USA for Young Voters and it's Going to be a Disaster Democrats have decided that they need to have their own version of Turning Point USA in order to appeal to young voters and what they have come up with is the most Democrat thing ever. It's going to be a total disaster. It's called the ‘DNC National Youth Coordinated Table'. It's not a grassroots group, it's completely fabricated. And you can just imagine how meetings of this group are going to go, with mini-groups within the group fighting for dominance and power. Newsweek reported on this: Source: thegatewaypundit.com https://twitter.com/CynicalPublius/status/2002577300802711720?s=20 DOJ Appeals Controversial Ruling That Disqualified Trump-Appointed U.S. Attorney Lindsey Halligan, Resulting in the Dismissal of Charges Against Letitia James and James Comey The Department of Justice has formally appealed a controversial ruling that disqualified Interim U.S. Attorney Lindsey Halligan, a decision that directly led to the dismissal of federal charges against James Comey and Letitia James. According to a Notice of Appeal filed on December 19, the Trump-led DOJ is asking the U.S. Court of Appeals for the Fourth Circuit to overturn a lower-court ruling that declared Halligan's appointment unconstitutional and voided every prosecutorial action she took while in office. Source: thegatewaypundit.com JUST IN: DOJ Wins Motion to Unseal Documents on Investigation into Trump Shooter Thomas Crooks The Department of Justice announced that it successfully moved to unseal documents related to the investigation into would-be Trump assassin Thomas Crooks.  “The Department of Justice received court approval to disclose to Congress documents gathered as part of the FBI's investigation of Thomas Crooks and his attempt to assassinate President Trump,” the Western District of Pennsylvania announced on X. A copy of the motion and order can be found here. Source: thegatewaypundit.com https://twitter.com/AAGDhillon/status/2002596363138445539?s=20 Justice Department Sues Four States Including Georgia After Secretary of State Brad Raffensperger Sides With Democrats in Failure to Produce Voter Rolls https://twitter.com/AAGDhillon/status/2001775020566286614?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E2001775020566286614%7Ctwgr%5Ee92dad24c2453e3b35c6a465ec1523cafbc35499%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.thegatewaypundit.com%2F2025%2F12%2Fjustice-department-sues-four-states-including-georgia-after%2F Source: thegatewaypundit.com https://twitter.com/MAGAVoice/status/2001992915850260516?s=20 https://twitter.com/MarkPaoletta/status/2002483634251461079?s=20   memorial to President John F. Kennedy and now additionally honors President Donald J. Trump, who has brought America back and saved the Trump-Kennedy Center. The Board's action is permissible under the statute and no legislation is necessary. The Board’s action does nothing to change the statutory title. Instead, the Board has–in line with longstanding Executive Branch practice–designated a new name. For example, The Office of the Federal Chief Information Officer, within the Office of Management & Budget, is designated by statute as the “Office of Electronic Government.” But it's long gone by the name “Office of the Federal Chief Information Officer” in official, public, and internal communications. Similarly, the Consumer Financial Protection Bureau is designated by statute as the “Bureau of Consumer Financial Protection.” But since the beginning, the agency has long gone by the name Consumer Financial Protection Bureau or CFPB in all official communications, correspondence with the Hill, titles and signage on its buildings. The “United States Institute of Peace” was established by statute but was renamed by the Department of State as the “Donald J. Trump United States Institute of Peace.” The Department of War was established as the “Department of Defense” by statute in 1947. Earlier this year, President Trump authorized the use of the name “Department of War” and the name is now etched on the Pentagon's building and in official correspondence and public communications. It is entirely fitting for the Board of Trustees to vote to add President Trump to the title so that this Center is now named The Donald J. Trump And The John F. Kennedy Memorial Center for the Performing Arts. President Trump has provided superb leadership at every level to save the Kennedy Center from financial ruin and wokeness, and to bring our national treasure to new heights! Thank you, @kencen Board of Trustees for honoring President Trump. I have been going to the Kennedy Center for decades and have never seen such energy and excitement as I did at the Christmas tree lighting and Noel performance. The Golden Age is here!   AND ORDER. As your next Governor, Bruce will continue to fight hard to Grow the Economy, Cut Taxes, and Regulations, Promote MADE IN THE U.S.A., Champion American Energy DOMINANCE, Strengthen our Military/Veterans, Advance Election Integrity, and Protect our always under siege Second Amendment!   Bruce Blakeman is a FANTASTIC guy, will win the big November Election and, without hesitation, has my Complete and Total Endorsement for Governor of the ONCE GREAT STATE OF NEW YORK (IT CAN BE GREAT AGAIN!). BRUCE BLAKEMAN WILL NEVER LET YOU DOWN!  (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs");

Imagine a blueprint so ambitious it aims to remake the entire U.S. government in 180 days, placing the executive branch firmly under presidential control. That's Project 2025, the Heritage Foundation's 900-page Mandate for Leadership, published in April 2023, which outlines radical reforms for a conservative administration.At its core, the plan pushes the unitary executive theory, seeking to dismantle agency independence. According to the Heritage Foundation's document, it calls for replacing federal civil service workers with loyalists via Schedule F, a policy to strip protections from up to a million employees. The Department of Justice and FBI would answer directly to the White House, with the FBI director personally accountable to the president. Wikipedia details how it brands the DOJ a "bloated bureaucracy" pushing a "radical liberal agenda," proposing reforms to combat "anti-white racism" under the Civil Rights Act of 1964.Concrete examples abound. Project 2025 urges abolishing the Department of Education, Department of Homeland Security—replacing it with a streamlined immigration agency—and the Consumer Financial Protection Bureau. The National Labor Relations Board would shrink, making union organizing harder by eliminating card-check elections, as noted in the National Federation of Federal Employees' analysis. On health, it proposes Medicaid cuts like per-capita caps, stricter work requirements, and voucher options, while defunding NIH stem cell research. Tax reforms include corporate cuts and a flat individual income tax.Latest developments, as reported by Government Executive in April 2025, show execution accelerating under President Trump's Department of Government Efficiency, led by Elon Musk. Entire agencies like USAID face elimination, with tens of thousands fired—though courts have reinstated some, like Consumer Financial Protection Bureau staff. Health and Human Services plans 20,000 cuts, 25% of its workforce. Jenny Mattingley of the Partnership for Public Service warns this politicizes a traditionally nonpartisan civil service, undercutting services for rural areas and seniors.Experts like the ACLU highlight risks to reproductive, LGBTQ, and immigrant rights, while proponents argue it streamlines efficiency. The plan's scope—from fossil fuel favoritism to military aid in immigration enforcement—signals a governance overhaul.Looking ahead, key decision points loom: congressional battles over agency eliminations and Supreme Court challenges to workforce purges. As implementation unfolds, its full impact on American democracy remains a pivotal watchpoint.Thank you for tuning in, listeners. Come back next week for more.Some great Deals https://amzn.to/49SJ3QsFor more check out http://www.quietplease.aiThis content was created in partnership and with the help of Artificial Intelligence AI

As the year draws to a close, it's clear that the post-COVID hiring bonanza has ended, and job-hunting has gotten trickier. Experts are predicting next year to be marked by more of the same: a low-hire, low-fire labor market. Plus, the Nasdaq asks the SEC for permission to allow close to 24/7 trading, and a federal appeals court is blocking the firing of most workers at the Consumer Financial Protection Bureau.

As the year draws to a close, it's clear that the post-COVID hiring bonanza has ended, and job-hunting has gotten trickier. Experts are predicting next year to be marked by more of the same: a low-hire, low-fire labor market. Plus, the Nasdaq asks the SEC for permission to allow close to 24/7 trading, and a federal appeals court is blocking the firing of most workers at the Consumer Financial Protection Bureau.

Today's episode features Part 1 of our November 4 webinar, "The CFPB's Most Ambitious Regulatory Agenda Ever." In this packed episode, our expert panel breaks down the Consumer Financial Protection Bureau's largest and boldest regulatory agenda to date. Discussing an unprecedented lineup of 24 rulemaking items that could reshape the consumer financial services industry. What's Included: Unprecedented Regulatory Activity: We unpack why this semi-annual agenda stands out, the record number of proposed rules, and what this means for financial institutions, FinTechs, and consumers alike. Hot Topics Covered: From sweeping changes in mortgage servicing to open banking (1033 of Dodd-Frank/personal financial data rights), small business lending rules (1071 of Dodd-Frank), and the rollout of the Financial Data Transparency Act, we cover all the major initiatives and legal battles on the horizon. Industry Insight: Hear why certain rules are stirring up controversy, what compliance challenges lie ahead, and how litigation and funding woes at the CFPB might impact the pace of change. Practical Impact: Learn about technical corrections in remittance transfer rules, new standards for data sharing, and what these changes mean for day-to-day business operations. Meet Your Speakers from Ballard Spahr: Alan Kaplinsky (Host & Moderator): Senior Counsel, founder and former leader of Ballard Spahr's Consumer Financial Services Group  Rich Andreano, Jr.: Partner and head of the firm's Mortgage Banking Group  John Culhane, Jr.: Partner in the Consumer Financial Services Group  Greg Szewczyk: Chair of the firm's Privacy and Data Security Group  Mudasar Pham-Khan: Associate, Consumer Financial Services Group  Kristen Larson: Of Counsel, Consumer Financial Services Group  Daniel Wilkerson: Associate, Consumer Financial Services Group  Rob Lieber: Associate, Consumer Financial Services Group  Aja Finger: Associate, Consumer Financial Services Group  Tune in for strategic insights and practical tips to help you prepare for the CFPB's evolving rulebook. Whether you're a compliance leader, financial executive, or simply interested in how Washington's boldest moves will impact your world, this episode is your essential guide to what's next in consumer financial services. Don't miss Part 2, coming next week with even more updates and expert perspectives! Consumer Finance Monitor is hosted by Alan Kaplinsky, Senior Counsel at Ballard Spahr, and the founder and former chair of the firm's Consumer Financial Services Group. We encourage listeners to subscribe to the podcast on their preferred platform for weekly insights into developments in the consumer finance industry.

Project 2025 began quietly, as a 900-page manual from the conservative Heritage Foundation called Mandate for Leadership. According to Heritage, its goal is to prepare “the next conservative president” to remake the federal government from day one, with a pre-vetted army of appointees and draft executive orders ready to sign.At its core is a simple but sweeping idea: place almost the entire executive branch under direct presidential control. Heritage authors invoke the “unitary executive” theory, arguing that agencies like the Department of Justice and the FBI should no longer operate with traditional independence. Project documents call DOJ a “bloated bureaucracy” that has “forfeited the trust” of Americans and urge making the FBI director “personally accountable to the president,” reshaping federal law enforcement priorities and civil rights enforcement, as summarized by PBS NewsHour and the Mandate itself.To make that vision real, Project 2025 leans on a hiring category known as Schedule F. The National Federation of Federal Employees explains that the plan would reclassify large numbers of civil servants as at-will employees and replace them with ideological loyalists, eliminating long-standing job protections against political interference. Heritage allies describe this as clearing out the “administrative state”; unions and watchdog groups describe it as opening the door to political purges across the bureaucracy.The scope reaches every corner of government. The Mandate proposes abolishing the Department of Education entirely, shifting its programs to states and to the Department of Health and Human Services, and folding the National Center for Education Statistics into the Census Bureau. It urges dismantling the Department of Homeland Security and replacing it with a streamlined immigration-focused agency combining Customs and Border Protection, ICE, TSA, and parts of Justice and Health and Human Services, as detailed in the Project 2025 chapters on immigration and education.Economic regulators are also targeted. The document calls for eliminating the Consumer Financial Protection Bureau, abolishing the Federal Trade Commission, shrinking the National Labor Relations Board, and merging the Census Bureau, the Bureau of Labor Statistics, and the Bureau of Economic Analysis into a single, politically directed statistics office, according to the Project 2025 overview compiled by Wikipedia and summaries from public-sector unions.Supporters argue this would cut red tape, boost fossil fuel production by rolling back environmental rules, and, in their words, “destroy the administrative state” that they see as blocking conservative policy. Critics, including the ACLU and Democracy Forward, warn that concentrating so much power in the White House could weaken checks and balances, politicize data, and threaten protections for workers, immigrants, and marginalized groups.The next major milestones hinge on elections and transition planning: whether a future administration formally embraces this blueprint, how much Congress will accept, and how courts respond if sweeping executive orders test the limits of presidential power. Thanks for tuning in, and come back next week for more.Some great Deals https://amzn.to/49SJ3QsFor more check out http://www.quietplease.aiThis content was created in partnership and with the help of Artificial Intelligence AI

Wednesday, December 11th, 2024New York Attorney General Tish James says she's not going to drop the $450M civil fraud case against Trump just because he was elected President; Mike Flynn's long running lawsuit against the government for the Russia investigation has been dismissed; The Supreme Court has refused to lift the gag order against Donald Trump; the Manhattan DA has filed his brief opposing Trump's motion to dismiss the 34 felony counts against him; Trump's Department of Justice secretly spied on members of Congress and journalists according to an inspector general report; Mitch McConnell fell after a GOP Senate lunch and is receiving medical care; more than 4 million people will share $1.8B in refunds from the Consumer Financial Protection Bureau; and Allison and Dana deliver your Good News.Guest: Harry LitmanHost, Talking Feds Podcast; Law Professor; Former US AttorneyTalking Feds Substack (harrylitman.substack.com)Talkingfeds.comHarry Litman - Blue Sky (@harrylitman)Harry Litman Twitter (@harrylitman) Listener Survey:http://survey.podtrac.com/start-survey.aspx?pubid=BffJOlI7qQcF&ver=shortFollow the Podcast on Apple:https://apple.co/3XNx7ckWant to support the show and get it ad-free and early?https://patreon.com/thedailybeanshttps://dailybeans.supercast.com/https://apple.co/3UKzKt0 Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Project 2025 begins not with a candidate, but with a playbook. According to the Heritage Foundation, it is a “Presidential Transition Project” designed to prepare a future conservative administration to, in its words, “take back our government” on day one. Its core text, a nearly 900-page volume titled Mandate for Leadership, lays out a sweeping plan to reshape the federal government agency by agency, from the Justice Department to the Department of Education, and to concentrate power more directly in the presidency.At the heart of the project is personnel. Heritage leaders say their goal is to recruit and train thousands of conservatives ready to serve, insisting that “personnel is policy.” They openly advocate reviving a job category known as Schedule F, which would reclassify tens of thousands of civil servants as political appointees, making it easier to fire career officials and replace them with loyalists. The National Federation of Federal Employees warns this could “destroy the administrative state” by stripping protections from nonpartisan experts and giving a president “full control of the Executive Branch for personal and political gain.”The blueprint also calls for dramatic changes to federal agencies. Project 2025's Mandate for Leadership proposes dismantling the Department of Education entirely, shifting its programs to other departments and leaving states in charge of most education policy. It recommends abolishing the Consumer Financial Protection Bureau and even the Federal Trade Commission, arguing that such regulators have become hostile to business. According to the ACLU's analysis of Project 2025, the plan would curb the independence of the Justice Department and FBI so that both are “directly accountable to the president,” a move that critics say could erode the traditional firewall between law enforcement and politics.On policy, the document pushes for deep cuts to Medicaid, reductions in Medicare, and lower corporate taxes, alongside rolling back environmental regulations to favor fossil fuel production, as summarized by reporting on Project 2025 in major national outlets and by policy watchdog groups. Supporters describe this as unleashing growth and restoring constitutional limits. Opponents, including Democracy Forward and the Center for Progressive Reform, argue the agenda would weaken worker protections, civil rights enforcement, and climate policy, while concentrating power in ways that test constitutional norms.As the 2024 campaign season unfolded, references to Project 2025 became a proxy fight over the future of American governance. Heritage insists it is simply offering a roadmap should a conservative win the White House. Legal scholars, meanwhile, are already gaming out court battles over any attempt to purge civil servants or dismantle long-standing agencies without congressional approval.The next milestones will hinge on who controls the presidency and Congress, and how much of this vision they are willing and able to enact. For now, Project 2025 remains a blueprint—but one detailed enough that listeners can see the outlines of a very different federal government if it ever moves from paper to practice.Thanks for tuning in, and come back next week for more.Some great Deals https://amzn.to/49SJ3QsFor more check out http://www.quietplease.aiThis content was created in partnership and with the help of Artificial Intelligence AI

Interview recorded - 2nd of December, 2025On this episode of the WTFinance podcast I had the pleasure of welcoming on Bill Moreland. Bill is the founder of Bankregdata.During our conversation we spoke about Bills thoughts on the credit markets, regulatory shift, risk in banks, private credit risks, large bank blowup and more. I hope you enjoy!0:00 - Introduction1:18 - Overview of credit markets7:27 - Regulatory shift24:38 - What does this mean?32:53 - Private credit44:48 - Large bank blowup53:33 - One message to takeaway?Bill Moreland is a partner in a company/website called BankRegData.com. The Austin, Texas company BankRegData started in 2010 to provide a web aggregated Federal Depository Insurance Company (FDIC) insured Bank Quarterly Call Report data and additionally offer a narrative/interpretation on the bank book dynamics (see 2016 Q4 Asset Review or Winners & Losers: Citigroup). Since 2012 this data is taken from the FFIEC Central Data Repository. FFIEC is the acronym for the Federal Financial Institution Examination Council. The FFIEC is an interagency standards committee across five banking regulators including: Federal Reserve Board of Governors , Federal Deposit Insurance Corporation, National Credit Union Administration, Office of the Comptroller of the Currency, and the Consumer Financial Protection Bureau (note the Securities Exchange Commission is not listed as one of the regulators in the FFIEC.). What BankRegData does is aggregate, and to some degree normalize, the Quarterly Call Report Data. BankRegData will get you (to a good first approximation) the distribution of securities ( deposits, mortgages, credit card accounts, loans, and tradable securities) at a quarterly aggregation level across the Banking Book of the major Bank Holding Companies.Bill Moreland - Website - https://www.bankregdata.com/main.aspX - https://x.com/BankRegDataLinkedIn - https://www.linkedin.com/in/bill-moreland-097586/WTFinance -Spotify - https://open.spotify.com/show/67rpmjG92PNBW0doLyPvfniTunes -https://podcasts.apple.com/us/podcast/wtfinance/id1554934665?uo=4LinkedIn - https://www.linkedin.com/in/anthony-fatseas-761066103/Twitter - https://twitter.com/AnthonyFatseas

Project 2025 is a sweeping conservative blueprint to reshape the federal government, published in April 2023 by the Heritage Foundation and a coalition of right‑wing groups. At its core is a 900‑page policy manual called Mandate for Leadership, which lays out a detailed plan to consolidate power in the White House, remake the federal workforce, and roll back decades of Democratic policy.The project envisions a federal government where the president has far greater control over agencies now considered independent. It calls for dismantling the Department of Education and the Department of Homeland Security, replacing them with new structures that give states and the executive branch more authority. The Department of Education, for example, would be closed and its programs shifted to the Department of Health and Human Services, while the National Center for Education Statistics would be folded into the Census Bureau. Project 2025 argues that this would reduce “woke propaganda” in schools and expand school choice and parental rights.Another major goal is to transform the civil service. The plan urges replacing merit‑based career officials with political loyalists, especially through a revived “Schedule F” classification that would make many federal jobs at‑will appointments. Heritage Foundation officials have said this is about ensuring that the executive branch serves the president's agenda, not entrenched bureaucracy. But critics, including the American Federation of Government Employees and the ACLU, warn it would politicize the workforce and undermine government effectiveness.Project 2025 also targets regulatory and economic policy. It proposes abolishing the Consumer Financial Protection Bureau and the Federal Trade Commission, shrinking the National Labor Relations Board, and merging key statistical agencies under a more ideologically aligned leadership. On immigration, it calls for scrapping DHS and creating a new immigration‑focused agency that consolidates border and enforcement functions. On law enforcement, it argues the Department of Justice and FBI have become “infatuated with a radical liberal agenda” and must be brought under tighter White House control.Experts and watchdog groups stress that while Project 2025 is framed as a transition plan, its scale of change would fundamentally alter American governance. Democracy Forward and the NAACP Legal Defense Fund note that many of its proposals are already being tested in states and through executive actions. The plan's success or failure will hinge on the 2024 election and the legal and political battles that follow over agency independence, civil service protections, and the balance of power in Washington.Thank you for tuning in. Come back next week for more.Some great Deals https://amzn.to/49SJ3QsFor more check out http://www.quietplease.aiThis content was created in partnership and with the help of Artificial Intelligence AI

Project 2025 begins with a simple premise: the next conservative president should arrive in Washington not just with ideas, but with a turnkey plan to remake the federal government. The Heritage Foundation, which coordinates the effort, calls its 900-page blueprint Mandate for Leadership and describes it as a manual to “restore the family as the centerpiece of American life” and “dismantle the administrative state,” all within the first 180 days of a new administration, according to Heritage's own materials and summaries by the American Civil Liberties Union and federal employee groups.At the heart of the project are two tracks: changing the rules, and changing the people who enforce them. Heritage and allied authors propose reviving and expanding “Schedule F,” a Trump-era personnel category that would let a president strip civil service protections from tens of thousands of policy-related jobs and replace career officials with ideological loyalists. The National Federation of Federal Employees warns that this would allow “unlimited political appointees without expiration dates,” effectively turning much of the bureaucracy into an at-will workforce devoted to a single agenda.The blueprint also sketches sweeping changes to major agencies. In education, Project 2025 urges closing the Department of Education entirely, shifting its programs to other departments and sending more power and funding directly to states. Heritage authors argue this would curb what they call “woke propaganda” and boost school choice and parental rights. Critics, including the Center for Progressive Reform, counter that such a move could destabilize protections for students with disabilities and civil rights enforcement in schools.On law enforcement and regulation, the document calls for putting traditionally independent entities under direct presidential control. It recommends tightening White House oversight of the Department of Justice and Federal Bureau of Investigation, and even abolishing the Federal Trade Commission and Consumer Financial Protection Bureau. Project authors say this would streamline regulation and stop what they describe as anti-business overreach. Consumer advocates respond that eliminating agencies that have returned billions of dollars to defrauded borrowers and credit card holders would leave ordinary families more exposed to corporate abuse.The plan reaches deep into social policy as well. Heritage's Mandate for Leadership urges major cuts to Medicaid, new work requirements, and options to turn it into a voucher-style program, while also rolling back reproductive rights, LGBTQ protections, and climate regulations in favor of expanded fossil fuel production. Supporters frame this as restoring traditional values and economic freedom. Opponents warn it amounts to a radical centralization of power in the presidency combined with a contraction of the social safety net.As listeners watch the 2024 and 2025 political calendar unfold, Project 2025 now serves as both a roadmap for conservatives and a rallying point for critics. Key milestones ahead include any formal embrace or rejection of the blueprint by presidential candidates, legal battles over Schedule F–style reforms, and congressional fights over agency funding and structure. However those decisions break, they will determine whether Project 2025 remains a provocative manifesto or becomes the operating manual for American governance.Thanks for tuning in, and come back next week for more.Some great Deals https://amzn.to/49SJ3QsFor more check out http://www.quietplease.aiThis content was created in partnership and with the help of Artificial Intelligence AI

Even with the year-long purge of long-standing federal government agencies, the Consumer Financial Protection Bureau still stands as a bulwark for people who seek information and resources in their dealings with financial institutions. On this episode, James 'Jim” McCarthy of McCarthy Hatch shares about his days getting the bureau off the ground—and how his company utilizes real-time risk prediction for the consumer financial industry to smooth the path for consumers and FIs to achieve positive complaint resolutions.

The Consumer Financial Protection Bureau has issued a new rule that reinforces national standards for credit reporting. It confirms that federal law takes precedence over conflicting state rules, a move the Consumer Data Industry Association says will improve consistency, lower costs, and protect access to credit. Dan Smith, President and CEO of CDIA, is here to explain what the rule means for lenders, borrowers, and the future of credit data.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

If not for Social Security, more than 37% of older adults would live below the official poverty line, according to the Center on Budget and Policy Priorities. But even with Social Security benefits, about 10% of older adults still live in poverty. Today, we hear from one North Carolinian living at that economic line. Also: a Consumer Financial Protection Bureau "humility pledge" and parsing today's (vintage) government economic reports.

If not for Social Security, more than 37% of older adults would live below the official poverty line, according to the Center on Budget and Policy Priorities. But even with Social Security benefits, about 10% of older adults still live in poverty. Today, we hear from one North Carolinian living at that economic line. Also: a Consumer Financial Protection Bureau "humility pledge" and parsing today's (vintage) government economic reports.

In this episode of the IPA's monthly government update podcast, Brian Tate, the IPA's CEO, talks with Ben Jackson about the latest developments in regulations now that the government has reopened.  They discuss the future of the Consumer Financial Protection Bureau, and the court cases that could affect debit interchange.  IPA members working in the prepaid industry should make sure to register for the Prepaid Renaissance Webinar on December 10th here: The Prepaid Renaissance: Rethinking Payments Strategy.  This podcast was recorded on November 20, 2025. Things may have changed by the time you hear it.    

The Trump administration is refusing to take funds to pay for ongoing operations at the Consumer Financial Protection Bureau, arguing the funding structure is illegal. What does this mean for the agency's future, including its recent efforts to curb the small business lending data rule and define open banking? Kate Berry of American Banker and Evan Weinberger of Bloomberg Law weigh in on what's going on and what happens next. 

This Day in Legal History: US Capitol OpensOn November 17, 1800, the United States Congress convened for the first time in the new Capitol building in Washington, D.C., marking a foundational moment in American legal and political history. The relocation came after a decade of Congress meeting in temporary quarters, most recently in Philadelphia, as the young republic grappled with questions of permanence and national identity. Washington, D.C. had been selected as the capital through the Residence Act of 1790, a political compromise that helped balance regional power between North and South. By 1800, the city remained largely undeveloped, and the Capitol itself was still under construction—only the north wing was usable.Despite its incomplete state, the Capitol's occupation by Congress signaled the institutional maturity of the federal government. It gave physical shape to the separation of powers by housing the legislative branch in its own dedicated space, distinct from the executive and judiciary. This move also underscored the federal character of the American system, establishing a neutral location not belonging to any one state. John Adams, still president at the time, had moved into the President's House (now the White House) just weeks earlier, completing the federal trifecta.The decision to proceed with the session in an unfinished building reflected a commitment to constitutional governance and the rule of law, even in the face of logistical and environmental hardships. Lawmakers contended with the muddy streets and sparse accommodations of the nascent city, yet their presence inaugurated what would become one of the most symbolically and functionally important legislative chambers in the world. This moment laid the groundwork for Washington, D.C. to become not only the seat of American government but a focal point for legal development, political conflict, and democratic debate for centuries to come.More than 500 lawsuits alleging that Tylenol use during pregnancy causes autism in children may be revived, as the U.S. Court of Appeals for the Second Circuit prepares to hear arguments from plaintiffs challenging a 2024 dismissal of their cases. A lower court had rejected the claims after finding that the plaintiffs' expert testimony lacked scientific rigor, a conclusion supported by Tylenol maker Kenvue. The plaintiffs argue the judge mischaracterized their experts' findings and are citing public support from President Trump and health officials, who linked autism to Tylenol use during a September 2025 press conference.Scientific consensus continues to hold that no definitive link exists between acetaminophen (the active ingredient in Tylenol) and autism, a position echoed by Kenvue. The company is also facing a separate suit from Texas Attorney General Ken Paxton, who accuses Kenvue of concealing risks to children, though a Texas judge recently denied Paxton's efforts to halt a $398 million shareholder dividend and restrict Tylenol marketing. Meanwhile, it remains uncertain whether the appeal will impact Kimberly-Clark's pending $40 billion acquisition of Kenvue, though both companies have indicated that litigation over autism claims won't derail the deal.US appeals court to weigh reviving cases over Tylenol and autism | ReutersGupta Wessler, a boutique appellate firm in Washington, D.C., known for its U.S. Supreme Court advocacy on behalf of plaintiffs, has hired Matthew Guarnieri, a former assistant to the U.S. solicitor general. Guarnieri argued 13 Supreme Court cases under both the Biden and Trump administrations and is the first attorney to leave the solicitor general's office for a firm that exclusively handles plaintiff-side appellate work. His move reflects a growing recognition of Gupta Wessler's nontraditional model, which competes with corporate-heavy appellate practices at larger firms.Guarnieri becomes the fifth principal at the 18-lawyer firm, which is currently involved in high-profile litigation, including representing Consumer Financial Protection Bureau employees challenging President Trump's mass firings and securing a $185 million verdict against Monsanto over chemical contamination. The firm also represents Uber passengers alleging sexual assault and recently blocked an attempt in Nevada to limit contingency fees in civil cases. Guarnieri left the DOJ in October after nine years of service; the department declined to comment on his departure.DC appellate firm picks up departing DOJ Supreme Court advocate | ReutersA federal jury in California has ordered Apple to pay $634 million to Masimo, a medical technology company, for infringing a patent related to blood-oxygen monitoring used in Apple Watches. The jury found that specific features like workout mode and heart rate notifications violated Masimo's patent rights. Apple has announced plans to appeal, arguing that the patent in question, which expired in 2022, covers outdated technology and that most of Masimo's other patent claims have been invalidated.This verdict is part of a broader legal conflict between Apple and Masimo, which accuses Apple of poaching employees and misappropriating pulse oximetry technology. In 2023, the U.S. International Trade Commission imposed an import ban on certain Apple Watch models, prompting Apple to remove the disputed feature and later reintroduce it with customs approval. A new ITC review is now underway to determine if the updated models should also be banned. The legal fight spans several courts and includes ongoing challenges from both companies over import restrictions and intellectual property claims.US jury says Apple must pay Masimo $634 million in smartwatch patent case | Reuters This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.minimumcomp.com/subscribe

The compliance industry continues to face headwinds as funding for the Consumer Financial Protection Bureau is in jeopardy after the Department of Justice recently ruled that the bureau cannot request money from the Federal Reserve.  The DOJ's Nov. 7 ruling states that the “combine earnings of the Federal Reserve system” — laid out by the Dodd-Frank Act as the source of most of the CFPB's funding — refers to Fed profits. The Fed was last profitable in 2022.  It is unclear if the CFPB will be operational in January 2026. The bureau can request funding from Congress, but approval is uncertain. Government shutdown ends The ruling on CFPB funding came just days before the U.S. House voted Nov. 12 to end the longest government shutdown in United States history.  The end of shutdown, which stretched from Oct. 1 to Nov. 12, could prove fruitful for the auto industry because consumers may have delayed auto purchases during this time, experts say. The theory, in part, is evidenced by a 2.7% drop in consumer confidence in October and slowing new-car sales. Despite industry pressures, auto industry participants continue to see resilience.  Shifts in RV industry The RV industry also is optimistic for 2026, even as it continues to grapple with ongoing challenges such as falling registrations.  Industry leaders gathered in Las Vegas this month for RV Dealers Convention and Expo 2025 to discuss the effects of macroeconomic conditions, consumer sales trends and the ROI for AI integration. Listen as Auto Finance News Senior Associate Editor Truth Headlam and Associate Editor Aidan Bush unpack the past week's auto finance and powersports news.  

On today's wide-ranging program, Ralph welcomes David Dayen of “The American Prospect” to discuss the Democrats caving on the shutdown. Then, Ralph speaks to Dani Noble from Jewish Voice for Peace about their BDS campaigns, efforts to block weapons shipments to Israel, and the state of the ceasefire in Gaza. Finally, Ralph speaks to original Nader's Raider Sam Simon about his new memoir, “Dementia Man: An Existential Journey.”David Dayen is the executive editor of the American Prospect, an independent political magazine that aims to advance liberal and progressive goals through reporting, analysis and debate. His work has appeared in the Intercept, HuffPost, the Washington Post, and more. He is the author of Chain of Title: How Three Ordinary Americans Uncovered Wall Street's Great Foreclosure Fraud and Monopolized: Life in the Age of Corporate Power.If Congress is saying: We have the power of the purse, and we have the ability to dictate to the President what he is able to do or not do with federal funding, then why not go the whole way? To me, that was the entire purpose of the shutdown— to stop the President from ignoring Congress and initiating his own prerogatives as it relates to government funding. It is really making Congress completely irrelevant in the process which they constitutionally are supposed to dictate.David DayenEvery time Trump has been in power and there's been a national election, he's lost it. He lost the midterm elections in 2018. He lost the presidential election in 2020. He lost the off-year elections in 2017 and 2019. He lost (just last week) the elections in 2025. He is not equipped to have an agenda that appeals to the American people when he's in power. And so I firmly agree that Democrats are likely to do well in the elections next year, as they just did. The one thing that can stop that is: completely punching your base in the face, after you succeed politically in backing Republicans into a corner.David DayenDani Noble is a Strategic Campaigns Organizer at Jewish Voice for Peace.Israel bonds (which very few people know much about) are direct loans to the Israeli military and government. They are unrestricted. They have no guardrails around what those funds can be used for, et cetera. And this is a main way that the Israeli military and government generate an unrestricted slush fund to be able to continue their genocidal assault on Gaza, to continue funding for the atrocities being committed against Palestinians—even as their government and economy suffers and/or operates with a massive deficit.Dani NobleThis bill would essentially block the Trump administration from delivering some of the deadliest weapons to Israel. So it's an essential, essential step in what we need to do fundamentally—which is a full arms embargo to stop arming the Israeli military and government…It's the most supported piece of legislation in support of Palestinian rights that we've ever seen.Dani NobleSam Simon is an author, playwright, and attorney. His new book Dementia Man: An Existential Journey is based on his award-winning play of the same name.There's also a social cost. A sense that everything I've ever built personally—my cars, my homes, my savings—that were all going to be available as a legacy to my family, they have to be spent in my few years of my life just to keep me alive. There needs to be a community response to that—and that's shorthand for the government. It doesn't force people to go broke to stay alive.Sam SimonNews 11/14/25* This week, Democrats on the House Oversight Committee released a new tranche of over 20,000 pages of documents related to infamous financier and sex criminal Jeffrey Epstein. These documents include damning emails between Epstein and various high-power individuals like Steve Bannon, former Treasury Secretary Larry Summers and current U.S. Ambassador to Turkey Tom Barrack. However, the emails that have received the most attention are those regarding President Donald Trump. In these emails, Epstein claimed Trump “knew about the girls,” and claimed that, “i [i.e. Epstein] am the one able to take him [i.e. Trump] down.” Perhaps most shocking, Epstein claims to have been with Trump during Thanksgiving in 2017, according to NBC. If true, it would directly contradict Trump's repeated insistence that he had no contact with Epstein since their falling out in the mid 2000s, either 2004 or 2007, per PBS.* The newly released Epstein files reinforce another narrative as well: that Epstein was an asset for Israeli intelligence. Drop Site news has done excellent reporting on Epstein helping to “Broker [an] Israeli Security Agreement With Mongolia,” “Build a Backchannel to Russia Amid [the] Syrian Civil War” and “Sell a Surveillance State to Côte d'Ivoire.” Most recently the independent outlet has published an expose on Epstein's relationship with known Mossad spy Yoni Koren. According to this piece, “Epstein's personal calendars reveal that…[Koren] lived at Epstein's Manhattan apartment for multiple stretches between 2013 and 2016.” There is also evidence that Epstein wired money to Koren. However, the reasons behind this transfer, and the details of their relationship, remain murky.* More Epstein information is likely to be released in the coming days. This week, the longest ever government shutdown in American history concluded with capitulation by centrist Democrats in the Senate. However, the conclusion of the shutdown finally broke the logjam over the swearing-in of Adelita Grijalva, the newly elected Democratic Congresswoman from Arizona. Grijalva immediately fulfilled her vow to be the 218th signature on the Discharge Petition forcing a vote on the release of the Epstein files, joining all 213 other House Democrats and four Republicans, Reps. Thomas Massie, Marjorie Taylor Greene, Lauren Boebert and Nancy Mace, per the Hill. In her first speech, Grijalva emphatically stated, “Justice cannot wait another day.” House Speaker Johnson has promised to bring the matter to a vote next week and many Republicans who did not sign the petition are expected to vote for it, with sponsors angling for a veto-proof majority. At that point, all eyes will turn to the Senate.* Even still, the Democrats blinking in the government shutdown showdown has infuriated many members of Congress, candidates and Democratic-aligned organizations, who are now calling for Chuck Schumer to step aside as Senate Minority Leader. Journalist Prem Thakker is keeping a running tally of these calls, which so far includes 12 Congressional Democrats – with major names like Pramila Jayapal, Mark Pocan, Rashida Tlaib, and Ro Khanna among them – along with candidates like Seth Moulton, Mallory McMorrow, Saikat Chakrabarti and Graham Platner. Beyond these individuals however, this call has been echoed by groups ranging from Our Revolution to Social Security Works to College Democrats of America, among many others.* Moving to economic matters, one other consequence of the protracted government shutdown is that the Bureau of Labor Statistics was “largely idle,” meaning it did not collect the crucial fiscal information it is responsible for gathering, including October jobs numbers and Consumer Price Index changes. According to POLITICO, White House spokesperson Karoline Leavitt said this information is unlikely to ever be released. She of course blamed that on the opposition in Congress, saying “Democrats may have permanently damaged the federal statistical system.” This is somewhat laughable, as the Trump administration has all but gone to war with the economic data collection functions of the federal government whenever that data has made him look bad.* Another bad sign for the economy in general, and for consumers in particular, is the rise of what are generously called “Flex Loans.” A new investigation by ProPublica in partnership with the Tennessee Lookout, examines the rise of this new strain of ultra-high-interest loan, with annual interest rates as high as 279.5%. This, combined with a lending cap of $4,000 – nine times higher than a traditional payday loan – has led to Advance Financial, the leading lender in Tennessee, suing over 110,000 people across the state since 2015. According to the data, judgments against consumers usually end up in the thousands, and 40% result in garnished wages. Loans of this variety were illegal before 2015, but the Tennessee legislature allowed them through and while the Consumer Financial Protection Bureau has sought to protect financial services consumers from these types of predatory lending schemes, the Trump administration's attempts to kneecap the agency have rendered it powerless.* Meanwhile, a dearth of consumer protections is yielding horrific consequences in a completely different area: AI. A new CNN report details how ChatGPT encouraged a Texas 23-year-old, Zane Shamblin, to kill himself. In heart-wrenching detail, this story paints a picture of Shamblin on the edge of suicide, and the AI chatbot helping to push him towards death. As Shamblin held a gun to his own head, the bot wrote, “You're not rushing. You're just ready,” later adding, “Rest easy, king…You did good.” According to this piece, the chatbot “repeatedly encouraged [Shamblin] as he discussed ending his life” for months, and “right up to his last moments.” Shamblin's parents are now suing ChatGPT's parent company, OpenAI, alleging the company endangered their son's life by, “tweaking its design last year to be more humanlike and by failing to put enough safeguards on interactions with users in need of emergency help.” The victim's mother, Alicia Shamblin, is quoted saying, “I feel like it's just going to destroy so many lives. It's going to be a family annihilator. It tells you everything you want to hear.”* In more positive consumer protection news, former Biden FTC Chair Lina Khan has hit the ground running in her new role helping to manage the transition for New York City Mayor-elect Zohran Mamdani. Per Semafor, Khan has been “scouring city and state laws — some overlooked by past mayors and some too new to have been tested yet — for legal footing for Mamdani's priorities.” Apparently, “Khan has privately discussed targeting hospitals that bill patients for painkillers available more cheaply at corner drugstores and sports stadiums charging nosebleed prices for concessions,” and “Other avenues for enforcement include a new state law that requires companies to tell customers when they are using algorithmic pricing. The law took effect this week, forcing Uber and DoorDash to start disclosing, but the incoming Mamdani administration plans to police laggards.” In short, it seems like the incoming Mamdani administration will use any and all legal and administrative means at their disposal to bring down costs for New Yorkers – as he promised again and again during the campaign. And, if there is one consumer regulator who can accomplish this, it is Ms. Khan.* Turning to Hollywood, Variety has published a major new piece on newly-minted Paramount CEO David Ellison's first 100 days. This piece covers everything from his attempts to curry favor with President Trump to the battle to acquire Warner Bros. Discovery. Buried within this story is an indication that “Paramount maintains a list of talent it will not work with because they are deemed to be ‘overtly antisemitic.'” The criteria for this modern blacklist however is opaque, especially troubling given that Ellison has deputized Bari Weiss – an ardent Zionist and censor of pro-Palestine speech – as the “Editor-in-chief” of CBS News. According to Drop Site, the studio “recently condemned a filmmakers' boycott of Israeli institutions signed by Emma Stone, Mark Ruffalo, Tilda Swinton, Javier Bardem, and Olivia Colman, among more than 4,000 others, declaring that Israel is carrying out genocide and apartheid.” Would Ellison blacklist these stars for “overt antisemitism”?* Finally, for some good news, the Economist is out with a stunning article on the success of China's transition to renewable energy. In the much-quoted opening paragraph, this piece reads “The SCALE of the renewables revolution in China is almost too vast for the human mind to grasp. By the end of last year, the country had installed 887 gigawatts of solar-power capacity—close to double Europe's and America's combined total. The 22m tonnes of steel used to build new wind turbines and solar panels in 2024 would have been enough to build a Golden Gate Bridge on every working day of every week that year. China generated 1,826 terawatt-hours of wind and solar electricity in 2024, five times more than the energy contained in all 600 of its nuclear weapons.” If that doesn't demonstrate the horizon of what is possible, given the requisite political will and determination, I don't know what will.This has been Francesco DeSantis, with In Case You Haven't Heard. Get full access to Ralph Nader Radio Hour at www.ralphnaderradiohour.com/subscribe

This week, a court filing showed that the Trump Administration has declared the current funding structure for the Consumer Financial Protection Bureau to be illegal. The agency was created in the wake of the global financial crisis to protect consumers and collect consumer complaints. Project 2025 architect Russell Vought is currently acting director of the CFPB. He has said repeatedly that he wants to see the CFPB close its doors, and back in February, he ordered employees of the agency to stop working. To talk more about the Trump Administration taking yet another axe to the CFPB and what happens next, we spoke to David Dayen, executive editor of The American Prospect.And in headlines, the Justice Department sues to block new Congressional district boundaries approved by California voters, the State Department makes it harder for people with conditions including cancer and diabetes to obtain visas, and Kristi Noem gives out $10,000 bonus checks to some TSA agents who worked through the shutdown.Show Notes: Check out The American Prospect – https://prospect.org/Call Congress – 202-224-3121Subscribe to the What A Day Newsletter – https://tinyurl.com/3kk4nyz8What A Day – YouTube – https://www.youtube.com/@whatadaypodcastFollow us on Instagram – https://www.instagram.com/crookedmedia/For a transcript of this episode, please visit crooked.com/whataday Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Section 1033 of the Dodd-Frank Act is the foundation of open banking in the United States—giving individuals the right to access and share their own financial data with services of their choice. This rule seeks to increase consumer control, encourage competition, and make it easier to switch providers or use financial management tools. However, the Consumer Financial Protection Bureau—the agency responsible for implementing this provision—is now reconsidering how (or whether) it should be enforced. In today's discussion, we explore why Section 1033 has become a key focus of rulemaking and how changes to open banking policies could shift the balance of power between consumers, financial institutions, and emerging fintech companies.To look into this, Shane Tews spoke with Penny Lee, president and CEO of the Financial Technology Association. Penny is also the cofounder of K Street Capital—an angel investment group in Washington, DC—and served as a senior advisor for former US Senate Majority Leader Harry Reid. She brings more than two decades of experience in the private and public sectors, making for an informative conversation.

Project 2025 is a sweeping blueprint for reshaping the federal government, published by the Heritage Foundation and a coalition of conservative groups. At its core, the initiative aims to consolidate executive power, dismantle or radically restructure key agencies, and install political loyalists throughout the bureaucracy. The project's 900-page manual, “Mandate for Leadership,” details plans for every major department, from the Department of Justice to the Department of Education, and lays out a 180-day playbook for the first days of a new conservative administration.One of the most controversial proposals is the revival of Schedule F, a personnel classification that would allow the president to replace thousands of career civil servants with political appointees. According to the Heritage Foundation, this would ensure that the executive branch is staffed by individuals “aligned with the president's agenda.” Critics, including the American Federation of Government Employees, warn that this could undermine the nonpartisan nature of the federal workforce and leave employees vulnerable to political pressure.The plan calls for the elimination of several agencies, including the Consumer Financial Protection Bureau and the Federal Trade Commission. The Department of Education would be dismantled, with its functions shifted to the states or other departments. The Department of Homeland Security would also face major cuts. The National Institutes of Health would see reduced independence, and funding for stem cell research would be eliminated. The blueprint also recommends merging the Bureau of Economic Analysis, the Census Bureau, and the Bureau of Labor Statistics into a single agency, with a mission aligned to conservative principles.Project 2025's education agenda focuses on reducing federal involvement, promoting school choice, and curbing what it calls “woke propaganda” in public schools. The Individuals with Disabilities Education Act would be administered by the Department of Health and Human Services, and federal enforcement of civil rights in schools would be significantly curtailed.The initiative also seeks to expand presidential powers, advocating for direct White House control over agencies like the Department of Justice and the FBI. This is based on a controversial interpretation of the unitary executive theory, which aims to centralize authority in the presidency. The plan recommends dismissing all State Department leadership before January 20, 2025, and replacing them with ideologically vetted appointees.Experts warn that these changes could have profound implications for American governance. The American Civil Liberties Union notes that Project 2025 could erode checks and balances, while the Center for Progressive Reform tracks the potential consequences for workers and the public. The project's proposals have already begun to influence executive actions, with recent orders targeting diversity, equity, and inclusion offices, freezing federal hiring, and reinstating the Schedule F classification.As the 2025 presidential transition approaches, the debate over Project 2025's vision for the federal government is likely to intensify. The coming months will reveal how much of this blueprint is implemented and what it means for the future of American democracy.Thank you for tuning in. Come back next week for more.Some great Deals https://amzn.to/49SJ3QsFor more check out http://www.quietplease.aiThis content was created in partnership and with the help of Artificial Intelligence AI

This Day in Legal History: Clean Air Act Amendments of 1990On November 12, 1990, President George H.W. Bush signed the Clean Air Act Amendments of 1990 into law, enacting one of the most ambitious environmental regulatory packages in U.S. history. The amendments addressed a broad range of air quality concerns, including acid rain, smog in urban areas, and emissions of hazardous air pollutants. At the time, the legislation was notable for its bipartisan support and its embrace of both traditional regulation and market-based solutions. Among its most innovative features was the introduction of a cap-and-trade program to reduce sulfur dioxide emissions, the primary cause of acid rain. This program placed a national cap on emissions and allowed utilities to buy and sell allowances, incentivizing the adoption of cleaner technologies and practices.The legislation also directed the Environmental Protection Agency to regulate 189 toxic air pollutants, a massive expansion from the original eight. It required cleaner gasoline in high-pollution areas and set deadlines for phasing out ozone-depleting chemicals. States were mandated to submit detailed plans for meeting federal air quality standards, significantly increasing local accountability. The law established a new operating permit system for major sources of air pollution, centralizing compliance efforts. It also increased civil and criminal penalties for violators and expanded the public's right to sue polluters and the government for non-enforcement.The amendments reflected growing public concern about environmental degradation and represented a turning point in how the federal government approached pollution control. By pairing stricter standards with economic incentives, the 1990 law helped redefine regulatory strategy in environmental law.The U.S. Supreme Court extended a temporary pause on a lower court order that would have required the Trump administration to fully fund SNAP benefits during the ongoing government shutdown. The administration is currently withholding approximately $4 billion from the program, which supports 42 million low-income Americans. Justice Ketanji Brown Jackson, who initially granted the pause, stated she would have denied the request to extend it further. The pause is now set to expire Thursday, though an end to the shutdown could render the legal fight moot. Meanwhile, the Senate has approved a bipartisan bill to end the shutdown, which has become the longest in U.S. history. The lapse in SNAP funding marks the first such disruption in the program's six-decade existence, prompting recipients to rely on food pantries and cut back on essential expenses like medications.US Supreme Court extends pause on order requiring Trump to fully fund food aid | ReutersThree former senior enforcement officials from the Consumer Financial Protection Bureau have launched a new legal initiative aimed at holding corporations accountable in the absence of federal action. The project, backed by the advocacy group Protect Borrowers, will focus on bringing strategic lawsuits against companies accused of exploiting consumers, workers, and small businesses. The team—Eric Halperin, Cara Petersen, and Tara Mikkilineni—previously held top roles at the CFPB before it was effectively sidelined by the Trump administration.The CFPB's enforcement and supervision functions were largely dismantled this year, leaving a vacuum in consumer protection at the federal level. In response, consumer advocates and state officials have begun stepping in to fill the enforcement gap. Halperin emphasized that rising corporate profits alongside deepening financial stress for ordinary Americans is no coincidence, pointing to a lack of oversight that enables corporate misconduct to go unchecked.Former top enforcers at US watchdog join project to bring pro-consumer lawsuits | ReutersThe NCAA has agreed to a $303 million settlement to resolve claims from over 7,700 current and former Division I coaches who say they were illegally denied pay under a now-repealed policy that barred compensation for so-called “volunteer” coaches in all sports except baseball. Filed in federal court in Sacramento, the proposed class action settlement still requires approval from U.S. District Judge William Shubb. If approved, no coach will receive less than $5,000, with average payouts expected to be around $39,260 before fees, and some six-figure awards anticipated.The plaintiffs argued the NCAA and its member schools violated antitrust laws by maintaining the compensation ban, a rule repealed in 2023. The NCAA denies wrongdoing but said the deal provides “certainty and clarity.” The lawyers representing the coaches plan to seek up to 30% of the settlement—around $90.9 million—in legal fees. This case follows a $49 million NCAA settlement with baseball coaches over similar claims and comes amid broader legal pressure on the NCAA, including a pending $2.8 billion settlement allowing schools to pay student-athletes directly.NCAA agrees to $303 million settlement with unpaid college coaches | ReutersMy column for Bloomberg this week looks at Mexico's latest attempt to crack down on value-added tax (VAT) invoice fraud—and why it misses the mark. The new measure shifts enforcement burdens onto digital platforms like Amazon and eBay, criminalizing them for fraud they are neither equipped nor authorized to detect. Instead of building a real-time fiscal invoicing system that validates transactions as they occur, the government is digitizing enforcement without changing the underlying system that enables fraud in the first place.False VAT invoice fraud in Mexico typically involves shell companies, or factureras, issuing legally compliant but entirely fictitious receipts that allow taxpayers to inflate deductions or claim improper refunds. The fraud takes root not in shady ads or informal platforms, but in a tax infrastructure that fails to verify the legitimacy of transactions in real time. Despite having a digital identity framework and certified validators in place, more than 8,000 shell entities have used these tools to issue fake invoices that are indistinguishable from valid ones.The government's move to deputize digital platforms sidesteps the real problem: the lack of a transactional choke point where the buyer, seller, and tax authority all converge—namely, the point of sale. Countries like Brazil and Italy have shown that embedding validation at checkout prevents fraud from scaling. Until Mexico adopts this kind of infrastructure, enforcement efforts will continue to target the periphery while the core system remains vulnerable.Mexico Effort to Curtail VAT Fraud Needs Real-Time Verification This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.minimumcomp.com/subscribe

Russell Vought's dismantling of the Consumer Financial Protection Bureau is putting the public at risk in areas ranging from auto loans and digital payments to credit cards and credit reports. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

A federal agency that supplies budget and economic information to Congress has suffered a cybersecurity incident, reportedly at the hands of a suspected foreign party. A spokesperson for the Congressional Budget Office (CBO) acknowledged the incident Thursday after The Washington Post reported that the office was hacked, with the attackers potentially accessing communications between lawmakers and researchers at the agency. CBO spokeswoman Caitlin Emma said: “The Congressional Budget Office has identified the security incident, has taken immediate action to contain it, and has implemented additional monitoring and new security controls to further protect the agency's systems going forward.” Congress established the office in 1974 to serve as a nonpartisan research organization for the legislative branch. Republicans took aim at the CBO this year when it assessed that a GOP tax and spending policy bill would add trillions to the national debt, prompting conservatives to criticize its conclusions. It's not unprecedented for unauthorized parties to obtain access to sensitive information from congressional offices. Hackers who broke into the Library of Congress last year were able to read email correspondence with offices on Capitol Hill. And a breach of a health insurance marketplace two years ago exposed the data of House staffers. The Trump administration's ongoing decimation of the Consumer Financial Protection Bureau has rendered the agency's overall information security program ineffective, a federal watchdog revealed Monday. In an audit of CFPB's cybersecurity program, the Federal Reserve's Office of Inspector General found that the agency is no longer keeping up with its authorizations to operate many systems, and is “using risk acceptance memorandums without a documented analysis of cybersecurity risks.” As a result of those floundering protocols, the Fed OIG said the CFPB's overall information security program has declined to level-2 maturity (defined) in fiscal 2025, down from level-4 (managed and measurable), and overall is not effective. Backsliding on these security measures can be at least partially attributed to a loss of contractor support for continuous security monitoring and testing, per the audit, as well as the mass exodus under the Trump administration of CFPB staff. The Daily Scoop Podcast is available every Monday-Friday afternoon. If you want to hear more of the latest from Washington, subscribe to The Daily Scoop Podcast  on Apple Podcasts, Soundcloud, Spotify and YouTube.

Everyone in their right mind already knows the gift: Trump ran on helping working people, then immediately threw working Americans to the wolves in favor of helping the ultra-wealthy. But it's not just Trump who is screwing us; he's made it easier for businesses to exploit the average American as well. He recently eviscerated the Consumer Financial Protection Bureau, which has stood in place to defend average Americans from unethical and predatory business practices. So what happens now, and how can we look to defend ourselves with the wolves circling? To answer this, Adam sits with progressive Julie Morgan, of the progressive think tank the Century Foundation, who worked in both with the CFPB and the Department of Education.SUPPORT THE SHOW ON PATREON: https://www.patreon.com/adamconoverSEE ADAM ON TOUR: https://www.adamconover.net/tourdates/SUBSCRIBE to and RATE Factually! on:» Apple Podcasts: https://podcasts.apple.com/us/podcast/factually-with-adam-conover/id1463460577» Spotify: https://open.spotify.com/show/0fK8WJw4ffMc2NWydBlDyJAbout Headgum: Headgum is an LA & NY-based podcast network creating premium podcasts with the funniest, most engaging voices in comedy to achieve one goal: Making our audience and ourselves laugh. Listen to our shows at https://www.headgum.com.» SUBSCRIBE to Headgum: https://www.youtube.com/c/HeadGum?sub_confirmation=1» FOLLOW us on Twitter: http://twitter.com/headgum» FOLLOW us on Instagram: https://instagram.com/headgum/» FOLLOW us on TikTok: https://www.tiktok.com/@headgum» Advertise on Factually! via Gumball.fmSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Bankruptcies appear to be mounting in the subprime auto lending business. This all comes as auto loan delinquencies are rising, and the price of new and used cars stays stubbornly high. Amid all this, the Trump administration is quietly exploring a rollback of federal supervision of subprime auto lenders. Then, could federal law override state law that prevents medical debt from affecting your credit score? Plus, OpenAI goes from non-profit to for-profit.Correction (Oct. 29, 2025): The introduction for the story about Consumer Financial Protection Bureau oversight of auto loan lenders in this episode contained an error that has been corrected. The threshold for which companies the CFPB can investigate involves how many loans those companies originate.

As we continue our dive into the minutia of ways government shutdowns hinder agency operations, we turn now to the ongoing lawsuit over the mass firings at the Consumer Financial Protection Bureau earlier this year. Perhaps no other agency faced as large of a percentage of workforce and budget cuts from the Department of Government Efficiency. Now the government attorneys who have been assigned to defend the moves in court are forced to ask for a delay since they're not allowed to work right now. To get an update on this case and the effect shutdowns have on federal lawsuits overall, we welcome Rich Andreano, a partner at Ballard Spahr.See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

In this episode of the IPA's monthly government update podcast, Brian Tate, the IPA's CEO, talks with Ben Jackson about the latest developments in regulations and court cases that could affect the payments industry.  They discuss the government shut down, the future of the Consumer Financial Protection Bureau, and the court cases that could affect debit interchange.  Listeners attending Money 20/20, should attend the IPA's reception sponsored by Cardaq, on Monday, Oct. 27. You can learn more and register here.   Atlanta-based IPA members should be sure to register for a special event that the IPA will be hosting with InComm on November 12. You can learn more and register here.  Finally, if you have payments expertise that you would like to share with the industry, submit a proposal for our 2026 Innovative Payments Conference, happening in Washington DC, April 29 through May 1. You can submit proposals here.   This podcast was recorded on October 17, 2025. Things may have changed by the time you hear it.    

Newt talks with Vance Ginn, former associate director for economic policy at Office of Management and Budget (OMB) about the economic impact of the government shutdown. They discuss the intricacies of government spending, the role of the Office of Management and Budget (OMB), and the challenges of achieving a balanced budget. Ginn emphasizes the need for fiscal responsibility, highlighting the importance of reducing waste and inefficiencies within government operations. Their conversation also covers the impact of the Dodd-Frank Act and the Consumer Financial Protection Bureau, with Ginn arguing for a reduction in government intervention in consumer markets. Additionally, they address healthcare reform, advocating for a system that prioritizes patient care over bureaucracy.See omnystudio.com/listener for privacy information.

On this episode, Pete and Julie welcome Ian P. Moloney, SVP and Head of Policy and Regulatory Affairs from the American Fintech Council, to break down the latest on the high-stakes legal battle over open banking. The Consumer Financial Protection Bureau's (CFPB) ruling under Dodd-Frank 1033 has sparked lawsuits, political maneuvering, and pushback from Big Banks, raising fundamental questions about who owns consumer financial data and who pays for access to it. Ian explains what's at stake as the rule is challenged, how fintech innovators and disruptors are responding, and why employees, consumers, and payroll professionals should care. From JP Morgan's recent data access fees announcement to the role of disruptors like SoFi, Affirm, and DailyPay, the discussion highlights how the outcome of this battle will shape the future of fintech partnerships, financial access, and the employee experience. Connect with Ian & the AFC: Ian's LinkedIn: https://www.linkedin.com/in/ianpmoloney/ AFC LinkedIn: https://www.linkedin.com/company/american-fintech-council/ AFC: https://www.fintechcouncil.org/ Connect with the show: LinkedIn:  http://linkedin.com/company/hr-payroll-2-0 X: @HRPayroll2_0 @PeteTiliakos @JulieFer_HR BlueSky: @hrpayroll2o.bsky.social YouTube: https://www.youtube.com/@HRPAYROLL2_0

A federal investigation into subprime auto lender Tricolor Holdings was confirmed as court proceedings began last week.  In a court hearing on Oct. 3, Tricolor's lawyers confirmed that federal law enforcement and regulatory agencies are investigating the buy here, pay here dealer and subprime lender for alleged misconduct and alleged systemic fraud. Since Texas-based Tricolor's Chapter's 7 bankruptcy filing on Sept. 10, the company's bond prices have plummeted, signaling that investors believe there is an increased risk of losses, particularly in riskier tranches. Meanwhile, third-quarter sales among auto makers climbed as OEMs pushed incentives and consumers pulled ahead their EV sales prior to elimination of the $7,500 federal tax credit on Sept. 30. In regulatory news, powersports lenders and dealers are in an interesting position amid the shifting compliance landscape. The powersports industry has long been overlooked by regulators, with a fraction of complaints the Consumer Financial Protection Bureau received since 2011 directed at the powersports industry.  But with the pullback at the CFPB and state regulators and other agencies like the FTC ramping up enforcement, it's imperative that lenders and dealers don't do anything to garner enforcement actions.  In this episode of the “Weekly Wrap,” Auto Finance News Editor Amanda Harris, Senior Associate Editor Truth Headlam and Associate Editor Aidan Bush discuss Tricolor proceedings, OEM third-quarter sales and powersports compliance for the week ended Oct. 3. Auto Finance Summit, the premier industry event for auto lending and leasing, returns Oct. 15-17 at the Bellagio Las Vegas. Learn more about the 2025 event and register here. This episode is sponsored by The Work Number by Equifax.  Editor's note: This transcript has been generated by software and is being presented as is. Some transcription errors may remain. 

In this crossover episode of Payments Pros and The Consumer Finance Podcast, Carlin McCrory is joined by colleague Kim Phan to discuss the Consumer Financial Protection Bureau's (CFPB) recent developments regarding Section 1033 of the Consumer Financial Protection Act (CFPA). This summer, the CFPB initiated a new rulemaking process, inviting industry comments on its final rule concerning personal financial data rights. With a deadline of October 21 for public comments, industry participants are encouraged to weigh in on access to consumer financial information.Kim and Carlin discuss the strategic implications of the CFPB's reconsideration of the 1033 open banking rule, highlighting the agency's focus on consumer representatives, privacy, security, fee structures, and compliance timelines. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

In this insightful crossover episode of The Consumer Finance Podcast and Payments Pros, host Jason Cover is joined by Mark Furletti and Jeremy Sairsingh to delve into the intricate world of credit card rewards programs. Discover the various types of rewards, from points-based systems to cashback and travel miles, and learn how these programs are funded. The episode also explores regulatory perspectives, including recent CFPB guidance and state-specific laws affecting rewards programs. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Richard Cordray, the first director of the Consumer Financial Protection Bureau, says the Trump administration seems intent on shutting the agency down, even though it has a legal mandate to exist.

Walt Lukken sat down with Mark Calabria at the White House Office of Management and Budget offices in the Eisenhower Executive Office Building. Mark serves as Associate Director at OMB, along with being detailed to the Consumer Financial Protection Bureau and serving as Chief Statistician of the United States in an interim role. They discussed the role OMB plays in setting federal regulations, the Trump administration's efforts to provide regulatory relief, regulating crypto and, given his long career in housing, Mark shared sage advice for those looking to purchase their first home.

In this episode, Christine Chabot of Marquette University Law School and Michael McConnell of Stanford Law School join to discuss Federal Reserve Governor Lisa Cook's termination and the broader legal and constitutional issues it raises, such as the constitutionality of the Federal Reserve and the scope of the president's removal power.    Resources Trump v. Wilcox (2025) Collins v. Yellin (2021) Seila Law LLC v. Consumer Financial Protection Bureau (2020) Humphrey's Executor v. United States (1935) Christine Chabot, “Is the Federal Reserve Constitutional? An Originalist Argument for Independent Agencies,” Notre Dame Law Review (2020) Michael McConnell, “Opinion: Save the Federal Reserve's independence by splitting the agency,” Washington Post (September 3, 2025) In our new podcast, Pursuit: The Founders' Guide to Happiness Jeffrey Rosen explores the founders' lives with the historians who know them best. Plus, filmmaker Ken Burns shares his daily practice of self-reflection.  Follow Pursuit: The Founders' Guide to Happiness on Apple Podcast and Spotify.     Stay Connected and Learn More  Questions or comments about the show? Email us at podcast@constitutioncenter.org. Continue the conversation by following us on social media @ConstitutionCtr.  Explore the America at 250 Civic Toolkit. Sign up to receive Constitution Weekly, our email roundup of constitutional news and debate.  Follow, rate, and review wherever you listen. Join us for an upcoming live program or watch recordings on YouTube.  Support our important work:  ⁠⁠⁠⁠⁠⁠⁠⁠Donate

In this episode of Data Driven Finance, we talk with David Silberman. David is a Visiting Lecturer in Law at Yale Law School as well as a Senior Advisor to the Center for Responsible Lending, the Financial Health Network, and other notable organizations. He taught and lectured at Georgetown University and Harvard University, and was the Consumer Financial Protection Bureau's Associate Director for Research, Markets and Regulation from November 2010 to February 2020. In this episode, we cover such topics as: What the Center for Responsible Lending does Results of some of the Center's research What the Financial Health Network aims to do What lenders are doing to get better information and data to make better decisions The current problems with credit scores as indicators of credit-worthiness Where technology has (and hasn't) made the loan application process easier for consumers What lenders are looking for in cash flow data Improving inclusivity while still making responsible loans What defines financial health Advice on wealth building for Gen Z   Some Helpful Links: Center for Responsible Lending Financial Health Network Yodlee

Just days ago, Donald Trump was standing before the press in Washington, defiant as ever, with flashing cameras capturing every word. The timing couldn't be more consequential. On August 15th, as Trump spoke flanked by law enforcement officials, the United States District Court for the District of Columbia was handing down a new motion for a Temporary Restraining Order in one of the most closely watched cases against him. The District's legal team argued for immediate intervention, referencing statements Trump had made at his press conference and linking them directly to their emergency application. That turbulent morning, as crowds gathered outside the courthouse, the air was thick with anticipation over what the court's swift action might mean for the former president and his legal team.Beyond Washington, the legal action was unfolding in California too. In Thakur v. Trump et al., a hearing scheduled for August 26th will determine whether the preliminary injunction against Trump's administration will be extended to a wider, provisionally certified class. This case is emblematic of the sweeping litigation Trump faces as plaintiffs challenge many of his executive actions, especially concerning national security and government oversight. Earlier this month, the Northern District Court held an order to show cause hearing related to the suspension of National Science Foundation grants, another issue tangentially tied to Trump's time in office and the repercussions that continue to reverberate across agencies.The Litigation Tracker managed by Lawfare details something staggering: more than two hundred ninety-eight active cases challenging Trump administration actions are currently still open, with some pushing all the way up to the Supreme Court. Judges have swung both ways—some ruling for the federal government, others against—while legal teams scramble to keep pace. The swirl of litigation encompasses issues big and small, from immigration enforcement to broader questions about executive authority and agency shutdowns.One of the hottest topics right now has centered on Trump's prerogative to force sweeping personnel changes at the Consumer Financial Protection Bureau. On August 18th, a panel of the U.S. Court of Appeals cleared the Trump administration to resume its plan to fire more than fourteen hundred CFPB employees, a move that union groups fiercely opposed. While Judge Gregory Katsas—himself appointed by Trump—wrote that there's no legal foundation to claim the administration is shutting down the agency entirely, dissenting voices like Judge Cornelia Pillard have vigorously challenged that narrative, insisting the courts must intervene if an agency's existence is being imperiled.Throughout all of this, Trump's legal team has remained on war footing, acutely aware that each courtroom drama carries not just legal ramifications but political ones. As these proceedings continue to snake through the judicial system, every decision, dissent, and order is watched with hawk-like intensity—not just by Trump's allies and critics, but by the nation at large.Thanks for tuning in, everyone. Be sure to come back next week for deeper dives and the latest updates. This has been a Quiet Please production—check out Quiet Please Dot A I for more.Some great Deals https://amzn.to/49SJ3QsFor more check out http://www.quietplease.ai

It's been another wild week, after the D.C. Attorney General sued the government for attempting to install the head of the D.E.A. as D.C.'s emergency police commissioner. Following an emergency hearing, US Attorney General Pam Bondi backed down and re-wrote the directive. But Andrew and Mary highlight why that's just the start: it's no longer just the D.C. National Guard being deployed in the nation's capital, National Guard units from five other red states are being sent to the city, making a complicated stew of who's in charge and who has jurisdiction. Next, they weave this thread into last week's trial over whether California's National Guard performed law enforcement operations in Los Angeles, a potential violation of The Posse Comitatus Act. And with Russia and Ukraine so much in the news, Andrew offers some reflections from the 2019 Special Counsel's report that exposes Russia's long-held goal of taking over the Donbas region. And last up, Andrew and Mary fill listeners in on two DC Circuit cases that have their attention: a decision allowing the Consumer Financial Protection Bureau to be dismantled and another that allows Trump to withhold billions in foreign aid.And a reminder: tickets are on sale now for MSNBC Live – our second live community event featuring more than a dozen MSNBC hosts. The day-long event will be held on October 11th at Hammerstein Ballroom in Manhattan. To buy tickets visit msnbc.com/live25.Want to listen to this show without ads? Sign up for MSNBC Premium on Apple Podcasts.

In this episode of Passing Judgment, Jessica breaks down three major legal developments: the Supreme Court allowing Mississippi's age verification law for social media to take effect while litigation continues, a renewed but unlikely push to overturn the Court's marriage equality decision in Obergefell, and a federal court ruling enabling potential mass firings at the Consumer Financial Protection Bureau. Jessica explains what these cases mean for our rights and daily lives, highlighting the ongoing balance between state power, individual liberties, and consumer protection.Here are three key takeaways you don't want to miss:Supreme Court and Mississippi's Social Media Age Verification Law: The episode opens with a discussion of the Supreme Court's decision to allow Mississippi's new law requiring age verification for children on social media to take effect while legal battles continue. The law mandates social media companies verify users' ages and get parental consent for kids under 18. Supporters claim it protects children from online harms, while critics argue it's vague, intrusive, and may violate the First Amendment.Renewed Push to Overturn Marriage Equality (Obergefell v. Hodges): There's renewed legal activity aimed at overturning the Supreme Court's 2015 decision in Obergefell v. Hodges, which legalized same-sex marriage nationwide. The case gained attention due to Kim Davis, a former Kentucky clerk who refused to issue marriage licenses to same-sex couples, now asking the Supreme Court to revisit the ruling.Trump Administration and the Consumer Financial Protection Bureau (CFPB): The final major story discusses a recent court decision paving the way for the Trump administration to pursue mass firings at the CFPB—a federal agency created after the 2008 financial crisis to protect consumers. Follow Our Host: @LevinsonJessica

Today's Post - https://bahnsen.co/45lNva0 Analyzing a Flat Market and the Impacts of International Events In this Monday edition of Dividend Cafe, the host discusses the relatively stagnant state of the DOW, S&P 500, and Nasdaq, attributing this to ongoing events such as the meeting between President Trump, European leaders, and Ukrainian President Zelensky, and the upcoming Jackson Hole meeting with Chairman Powell. The episode delves into metrics like the earning yields and price-to-book ratios of the S&P 500, highlighting historically low real earnings yield due to high stock prices despite high earnings and moderate inflation expectations. David also explores foreign investments in U.S. stocks, particularly a record $163 billion purchase in June, insights into tariff impacts and court rulings related to the Consumer Financial Protection Bureau, and the uncertainty surrounding upcoming Fed rate cuts. On the energy front, updates include WTI closing at $62.63 and midstream energy sector trends discussed at a recent Las Vegas conference. The episode concludes with an overview of the supply-side effects of monetary and fiscal policy, touching upon tariff implications and monetary supply growth. 00:00 Introduction and Market Overview 01:38 Inflation Insights and Market Metrics 03:35 Valuation Indicators and Market Analysis 05:33 Foreign Investments and Geopolitical Updates 07:30 Tariffs and Legal Challenges 11:07 Economic Indicators and Sector Performance 13:21 Energy Sector Deep Dive 15:52 Monetary Policy and Supply Side Economics 17:51 Conclusion and Final Thoughts Links mentioned in this episode: DividendCafe.com TheBahnsenGroup.com

Section 1033 of the Dodd Frank Act was finalized at the end of the Biden administration and would require banks to give consumers free access and control of their personal banking data.The rule had met legal pushback from the bank industry and the CFPB under the Trump administration planned to scrap it. But last week, the bureau said it will instead rewrite Section 1033.Marketplace's Meghan McCarty Carino discusses the news with Rohit Chopra, who served as the director of the Consumer Financial Protection Bureau when the rule was finalized in 2024.

Section 1033 of the Dodd Frank Act was finalized at the end of the Biden administration and would require banks to give consumers free access and control of their personal banking data.The rule had met legal pushback from the bank industry and the CFPB under the Trump administration planned to scrap it. But last week, the bureau said it will instead rewrite Section 1033.Marketplace's Meghan McCarty Carino discusses the news with Rohit Chopra, who served as the director of the Consumer Financial Protection Bureau when the rule was finalized in 2024.

How to protect your credit from medical debt and choose the right way to save for a home down payment. How does medical debt affect your credit score? What accounts can you use to save for a house down payment? Hosts Sean Pyles and Elizabeth Ayoola discuss the recent reversal of a Consumer Financial Protection Bureau rule that would have removed medical debt under $500 from credit reports and explore the consequences for consumers. Joined by senior news writer Anna Helhoski and guest Rohit Chopra, former director of the Consumer Financial Protection Bureau, they explain why the rule was proposed, what the legal ruling means for borrowers, and what consumers can do to protect themselves. They share insights on why the CFPB is vital to maintaining financial fairness and what the agency's dormancy could mean for future protections. Then, housing Nerd Kate Wood joins Sean and Elizabeth to discuss how to save for a home in today's high-cost, high-interest-rate housing market. They dig into what emergency fund you should consider having before buying a house, how to choose between high-yield savings accounts and CDs, and why the 20% down payment myth could be holding you back. The conversation also covers how much you really should save (spoiler: it's more than just your down payment), why closing costs are often misunderstood, and how first-time buyers can explore down payment assistance programs that offer real help. NerdWallet's list of the best high-yield savings accounts: https://www.nerdwallet.com/best/banking/high-yield-online-savings-accounts  Want us to review your budget? Fill out this form — completely anonymously if you want — and we might feature your budget in a future segment! https://docs.google.com/forms/d/e/1FAIpQLScK53yAufsc4v5UpghhVfxtk2MoyooHzlSIRBnRxUPl3hKBig/viewform?usp=header In their conversation, the Nerds discuss: medical debt and credit scores, saving for a down payment, CFPB medical debt rule, how to save for a house, down payment assistance programs, how medical debt affects credit, CFPB rule overturned, home buying costs, closing costs calculator, how much to save for a house, best high yield savings accounts, down payment myths, private mortgage insurance explained, how much to put down on a house, 20% down payment myth, CD ladder strategy, high yield CD rates, CD vs savings account, home equity from appreciation, real estate agent commission changes, home maintenance budgeting, how to avoid PMI, how to get rid of PMI, what is PMI, CFPB complaint database, checking credit reports, how to prequalify for a mortgage, how to calculate closing costs, state housing authority grants, and first-time homebuyer programs. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email podcast@nerdwallet.com. Like what you hear? Please leave us a review and tell a friend. Learn more about your ad choices. Visit megaphone.fm/adchoices

7.16.2025 #RolandMartinUnfiltered: Trump’s Voter Data Grab, Guard Exits LA, Judge Strikes Down Medical Debt Rule, CARES & U‑FIGHT Act The Trump administration and its allies are pushing to obtain voter data from states and inspect voting equipment. We'll discuss the implications with the Director of the Voting Rights Project. Two thousand National Guard troops deployed to Los Angeles over a month ago, following protests against immigration enforcement raids, are being withdrawn. A federal judge strikes down a Biden administration rule removing medical debt from credit reports. We'll talk with a former Director of the Consumer Financial Protection Bureau about what this means for consumers. National CARES is a pioneering initiative tackling the devastating impact of intergenerational poverty. We'll speak with the organization's new president about their mission and impact. This week, Senator Angela Alsobrooks and Congresswoman Shontel Brown introduced the U-FIGHT Act, a bold step toward expanding early detection and funding research to save the lives of Black women. Congresswoman Brown and a medical expert will be here to discuss the importance of this Act, especially for black women. #BlackStarNetwork partner: Fanbasehttps://www.startengine.com/offering/fanbase This Reg A+ offering is made available through StartEngine Primary, LLC, member FINRA/SIPC. This investment is speculative, illiquid, and involves a high degree of risk, including the possible loss of your entire investment. You should read the Offering Circular (https://bit.ly/3VDPKjD) and Risks (https://bit.ly/3ZQzHl0) related to this offering before investing. Download the Black Star Network app at http://www.blackstarnetwork.com! We're on iOS, AppleTV, Android, AndroidTV, Roku, FireTV, XBox and SamsungTV. The #BlackStarNetwork is a news reporting platform covered under Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research.See omnystudio.com/listener for privacy information.

Discover all of the podcasts in our network, search for specific episodes, get the Optimal Living Daily workbook, and learn more at: OLDPodcast.com. Episode 3206: Many credit cards promise rewards and flexibility, but as Kumiko warns, certain types can trap you in debt and threaten your financial security. From deferred interest schemes to credit cards secured by your home or bank account, these offers often prey on vulnerable consumers. Learn how to spot these dangers and protect your financial future. Read along with the original article(s) here: https://www.thebudgetmom.com/types-of-credit-cards-you-need-to-avoid/ Quotes to ponder: "If you think there is even a slight chance you can't pay off the entire balance by the end of the promotional period, you need to avoid a deferred interest credit card." "Home secured credit cards are always a bad idea. The potential consequence of not making payments is the loss of your family's shelter, which is a necessity." Episode references: Debt.org on predatory lending: https://www.debt.org/credit/predatory-lending/ Consumer Financial Protection Bureau: https://www.consumerfinance.gov/ Learn more about your ad choices. Visit megaphone.fm/adchoices

Since its creation 14 years ago the Consumer Financial Protection Bureau has used its powers to return billions of dollars to defrauded consumers. Now the Trump administration wants to close it. What the CFPB has meant for consumer protection in the U.S.

421. How to Stop the War, the Bill & the Trump Regime with Sen. Elizabeth Warren If you, like us, have been active in fighting our descent into facism, but are wondering what the Democratic party's plan is to stop the Trump regime, join us as we ask Senator Elizabeth Warren today what the Democratic party is doing – and what we can do.   Listen to this episode for Senator Warren's answers to your questions on the “Big Beautiful Bill,” War with Iran, Gaza, and midterms — and clear calls to action: how to find your representatives, and scripts for the three things to tell them to do.   For contact info for your Congress members, go to: https://www.congress.gov/members/find-your-member About Senator Warren:  Elizabeth Warren, the senior Senator from Massachusetts and top Democrat on the Senate Committee on Banking, Housing, and Urban Affairs, is a fearless consumer advocate and one of the nation's leading progressive voices. Before becoming the first woman ever elected to the Senate from Massachusetts in 2012, Elizabeth led the fight to create the Consumer Financial Protection Bureau, an agency established in the aftermath of the financial crisis to protect consumers from predatory financial practices. Elizabeth lives in Cambridge, Massachusetts, with her husband Bruce and their golden retriever, Bailey. To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices