Magazine Issue Year 2020

Digital Edition

March 2020

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Magazine Issue Year 2020

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Politics and policy

Republicans ask CFPB's Vought how to curb agency's power

At a House hearing last week, GOP lawmakers asked Russell Vought, the acting director of the Consumer Financial Protection Bureau, for advice on how to craft legislation to permanently change the CFPB's authority. The hearing highlighted a consensus among Republicans that administrative policy rollbacks are not enough.

By Kate Berry

2h ago
ABS

NEF Holdings raises $251.6 million in equipment ABS

SLR series 2026-1 benefits from initial overcollateralization of 8.00%, with a target of either 13% of the pool's aggregate ABS value or 8.00% of the securitization value on May 31.

By Donna M. Mitchell

4h ago
Inflation

Bond traders take warsh at word, see inflation fight continuing

The Labor Department report that US consumer prices in June saw the first monthly drop since 2020 was met with relief in financial markets.

9h ago

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