The Consumer Financial Protection Bureau (CFPB) on Thursday issued a rule to limit bank and credit union lending fees that it says will save consumers $5 billion annually. The rule, which applies to the banks and credit unions with more than $10 billion in assets, gives these institutions three options: They can charge an overdraft
Two top Senate Democrats are calling for President-elect Donald Trump’s potential appointees to be required to disclose any communications they had with Boris Epshteyn, a longtime Trump adviser, after allegations recently surfaced that Epshteyn was soliciting financial payments in connection to their efforts to secure government appointments. “All nominees appearing before the Senate Judiciary Committee
Chinese President Xi Jinping is not expected to travel to Washington next month as an inauguration guest of President-elect Donald Trump, according to two sources familiar with the planning. CBS News was first to report that Trump had personally invited Xi to the swearing-in ceremony shortly after Election Day. China’s ambassador to the U.S. and
New Jersey residents and lawmakers are pushing for more information about the mysterious drone sightings, including some near military installations. A federal official said Thursday that the FBI is the lead agency investigating along with the New Jersey state police. Local law enforcement are also investigating. What have authorities said about the drone sightings? New Jersey
Washington — President-elect Donald Trump was named Time magazine’s Person of the Year on Thursday, the second time he has been awarded the designation after winning the White House. “For marshaling a comeback of historic proportions, for driving a once-in-a-generation political realignment, for reshaping the American presidency and altering America’s role in the world, Donald
A new report by the Justice Department inspector general found that the FBI failed to commission the dozens of FBI field offices across the country to gather information from its own confidential human sources ahead of the breach of the U.S. Capitol on Jan. 6, despite telling Congress that it had done so. Had the
The Consumer Financial Protection Bureau (CFPB) on Thursday issued a rule to limit bank and credit union lending fees that it says will save consumers $5 billion annually. The rule, which applies to the banks and credit unions with more than $10 billion in assets, gives these institutions three options: They can charge an overdraft