Yahoo Finance

Jordan Weissmann

The CFPB fined a lender for discrimination. Now it wants to give the money back.

The Consumer Financial Protection Bureau has asked a court to undo its settlement with a mortgage lender it had accused of discrimination. The move has dumbfounded former officials and consumer advocates.

2 days ago
9 million student loan borrowers are about to see their credit scores drop

As delinquent student loans begin showing up on credit reports for the first time since the pandemic, millions of borrowers could see a serious hit to their credit scores, economists warn.

3 days ago
Department of Education prepares to reopen income-driven repayment plans

The Department of Education is set to reopen applications for some student loan repayment plans on Wednesday, two sources familiar with the administration’s plans told Yahoo Finance.

7 days ago
Trump says the Small Business Administration is taking over student lending. Experts say it's illegal.

President Trump announced on Friday that he plans to move management of the federal student loan program to the Small Business Administration, a major step in his effort to dismantle and possibly shut down the Department of Education.

11 days ago
Trump signs order to eliminate Department of Education 'once and for all'

President Trump signed an executive order Thursday ordering the Department of Education to wind down its operations so that it can eventually be closed.

12 days ago
One thing Trump, AOC, and Bernie Sanders agree on: Credit card rates should be capped at 10%

Democrat Alexandria Ocasio-Cortez and Republican Anna Paulina Luna teamed up to introduce a bill to limit credit card APRs at 10%.

10 days ago
Two big changes coming to Social Security you need to know about

The Trump administration is making changes to Social Security that will affect beneficiaries. Here's what you need to know.

17 days ago
Trump is cutting the Department of Education in half. Here's how it could impact you and your loans.

The U.S. Department of Education staff is set to be cut in half. Former officials and analysts are grappling with what it could mean for Americans who are in college or are paying off student loans.

17 days ago
With income-driven repayment plans paused, the student loan program is in chaos

Online applications for several popular student loan income-driven repayment plans are inaccessible on the Department of Education website. Borrowers are in the dark.

22 days ago
Even conservatives are worried about Trump's plans to slash the IRS

Staffing cuts at the IRS threaten to cripple collections and enforcement, former commissioners warn.

24 days ago
Trump says he's ending Public Service Loan Forgiveness for nonprofits involved with 'improper' activities

A White House plan to ban student borrowers from Public Service Loan Forgiveness if they work at certain nonprofits appears aimed at pro-Palestinian groups and charity organizations opposed to President Trump's policies.

25 days ago
Trump wants to make loan interest on domestic cars tax deductible. Here's what experts think.

President Trump proposed making loan interest on American-made vehicles tax deductible. Here's what tax policy experts say about the idea.

24 days ago
Why Social Security's former head is worried it could miss payments to seniors

Martin O’Malley, who served as Social Security commissioner under former President Joe Biden, thinks the agency is at risk of missing benefit payments.

28 days ago
A room with '5 men and a phone in it': Lawsuit filing details DOGE's plans to dismantle the CFPB

New testimony in a lawsuit seeking to halt mass firings at the Consumer Financial Protection Bureau claims Trump administration officials planned to hollow out the watchdog agency.

last month
The CFPB just dropped a bunch of its own lawsuits as the agency's future hangs in limbo

The Consumer Financial Protection Bureau dropped several of its own lawsuits on Thursday, as the overall direction of the agency remains unclear.

last month
Trump administration removes application for popular student loan repayment programs

The Department of Education made no announcement before removing online application form for several student loan repayment plans.

last month
Republicans look to loosen rules on overdraft fees and payment apps

GOP leaders took their first steps toward nixing a $5 cap on bank overdraft fees and a regulation that would subject major digital payment apps like Venmo and Apple Pay to stricter oversight.

last month
Tax season surprise: Layoffs at the IRS

The Trump administration is reportedly laying off thousands of IRS employees right in the middle of tax filing season.

last month
Why the White House claims Elon Musk isn't really running DOGE

The Department of Justice filed a document that seems to contradict virtually all public evidence about Elon Musk’s role in DOGE in response to a lawsuit seeking to reverse the department's work.

last month
Judge temporarily blocks mass firing and data deletion at CFPB

A lawsuit claims Trump officials plan to lay off 95% of staffers at the Consumer Financial Protection Bureau.

last month

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Jordan Weissmann

Most Recent

The CFPB fined a lender for discrimination. Now it wants to give the money back.

9 million student loan borrowers are about to see their credit scores drop

Department of Education prepares to reopen income-driven repayment plans

Trump says the Small Business Administration is taking over student lending. Experts say it's illegal.

Trump signs order to eliminate Department of Education 'once and for all'

One thing Trump, AOC, and Bernie Sanders agree on: Credit card rates should be capped at 10%

Two big changes coming to Social Security you need to know about

Trump is cutting the Department of Education in half. Here's how it could impact you and your loans.

With income-driven repayment plans paused, the student loan program is in chaos

Even conservatives are worried about Trump's plans to slash the IRS

Trump says he's ending Public Service Loan Forgiveness for nonprofits involved with 'improper' activities

Trump wants to make loan interest on domestic cars tax deductible. Here's what experts think.

Why Social Security's former head is worried it could miss payments to seniors

A room with '5 men and a phone in it': Lawsuit filing details DOGE's plans to dismantle the CFPB

The CFPB just dropped a bunch of its own lawsuits as the agency's future hangs in limbo

Trump administration removes application for popular student loan repayment programs

Republicans look to loosen rules on overdraft fees and payment apps

Tax season surprise: Layoffs at the IRS

Why the White House claims Elon Musk isn't really running DOGE

Judge temporarily blocks mass firing and data deletion at CFPB