When the Federal Reserve foolishly approved the Capital One takeover of Discover, it ignored the fact that Capital One had relentlessly closed bank branches after a series of mergers over the past decades.
This summer, federal bank regulators proposed a rule to massively weaken the key post-2008 financial crisis banking regulation designed to make the mega banks more resilient and reduce the risk of their failure.
The Trump administration has called for the recapitalization and return to private control of Fannie Mae and Freddie Mac, which provide critical support for the mortgage market.
The House Financial Services Committee is once again venturing into the artificial intelligence (AI) game and seems poised to let AI and Big Tech team up with Wall Street banks with almost no oversight.
By Meron Lemmi While a growing number of households are turning to buy now pay later loans just to keep food on the table, the nation’s top executives are cashing in with incomprehensibly astounding compensation packages. In 2025, more than two-thirds of workers were living paycheck to paycheck — up 4 percent from the year
Mark Hays, Associate Director of Cryptocurrency and Financial Technology at Americans for Financial Reform, guested on the “Gotcha!” podcast to speak with host Alix Dunn about the risk and dangers associated with cryptocurrency.