December's credit card data were mixed, featuring a reduction in late payments alongside an increase in banks writing off debt as unrecoverable losses. The average delinquency rate of 2.90% slipped ...
Rohit Chopra, the director of the Consumer Financial Protection Bureau (CFPB), was abruptly fired by President Donald Trump Saturday morning.
Rohit Chopra, director of the Consumer Financial Protection Bureau, posted a letter Saturday on X to President Donald Trump that he would no longer serve in the role.
Mr. Chopra, long a target of criticism by Republican lawmakers and banks, has not yet been forced out. “I swore an oath to a five-year term,” he said this week.
He's known as a Jamie Dimon protegé, a 9/11 hero, and an operational expert. Now Fiserv's Frank Bisignano can add government hell-raiser to his résumé.
Several major credit card companies have cards that offer roadside assistance without an annual membership fee.
The digital asset industry, armed with a stamp of approval from the White House, may finally have the backing it needs to reach its full potential. Cryptocurrency has more than its share of fervent ...
The Fed will outline a rate decision Wednesday. Due to evidence of a strong U.S. economy, interest rates are widely expected to be kept on hold. Focus will center on any accompanying hints about ...
Read here for an analysis of Bank of America's Q4 results, challenges, and potential for earnings acceleration and returns in ...
Chopra is a somewhat surprising person from the Biden administration to keep his job so far. Republicans have long been ...
Speaking right after Trump made the comment, Bank of America CEO Brian Moynihan did not address the claim that the bank was shunning conservatives. Instead, he complimented Trump on the U.S. hosting ...
Berkshire took a new stake in Citigroup ( C 1.88%) in 2022 and the stock currently makes up 1.5% of Berkshire's portfolio.