Politics

While the March 3 submission deadline holds firm, compliance experts suggested guidance inquiries for Home Mortgage Disclosure Act filers could be lacking.

In a forum Tuesday, Senate Democrats railed against President Trump and Elon Musk's efforts to shutter the Consumer Financial Protection Bureau as anti-consumer and illegal.

The Justice Department said in a legal brief that the Consumer Financial Protection Bureau will continue to exist, but said instead that the agency will have fewer employees and a reduced budget under the Trump administration.

Implemented in January, the Biden administration rule addressed flood risk in designated zones, setting building levels that were higher than FEMA standards.

HUD denied claims that 40% of the administration's workforce will be cut.

Consumer Financial Protection Bureau employees — most of whom are on administrative leave — were asked in an email to list what they accomplished last week. National Treasury Employees Union Chapter 335 said workers should list all the tasks they were told not to perform.

DOGE's erratic approach may jeopardize efforts to weaken the agency, anonymous sources warned. The Musk team's unpredictable actions could face legal challenges—potentially paving the way for a resilient CFPB to endure.

The Office of the Comptroller of the Currency is the latest federal banking agency to let go of probationary employees.

The state's insurance commissioner made the change following analysis of title industry profits and expenses in Texas provided by its stakeholders.

Trump's housing policies risk destabilizing multifamily markets by cutting HUD and GSE support, writes the chairman of Whalen Global Advisors.

President Donald Trump issued an executive order Wednesday night disbanding of three bank and credit union advisory groups.

Potential policy changes, a growing product niche, new thinking about whether to outsource and technology innovations are transforming the industry.

Calabria left the free-market think tank Cato Institute and is said to be at the Office of Management and Budget, reviewing multiple agencies.

A White House order peeling back agency independence would curtail bank regulation in the near term, but could set the stage for long-term uncertainty and volatility.

Howard Lutnick's influence in housing today is primarily tied to tariffs but his firm also had a storied past in mortgages and was hit hard by the 9/11 attacks.

While Sen. Elizabeth Warren, D-Mass., is continuing to try and save the agency she helped create, Sen. Adam Schiff, D-Calif., who benefited from crypto spending in his primary race, is a new ally.

President Donald Trump's new executive order could have dramatic implications for bank regulation by subjecting agencies to White House political control.

The government guarantor saw close to 25% of probationary employees cut.

Federal Reserve Gov. Michelle Bowman — who is viewed as a leading contender to be the next vice chair for supervision at the central bank — said changes to the post-financial crisis framework should be a focal point of the Fed's regulatory policy review.

The Trump administration has installed Jeffrey Clark at the Consumer Financial Protection Bureau. Clark, a former environmental lawyer in the Justice Department in the first Trump administration, was indicted as part of the president's efforts to overturn the 2020 election.