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CFPB spokesperson Sam Gilford said the bureau has referred the matter to the inspector general and is “taking appropriate action to address this incident.”
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U.S. Senate Banking Committee Chair Sherrod Brown expects to wait until January to hold hearings on President Joe Biden's nominees to the top two Federal Reserve positions, according to the Ohio senator's office.
(Reuters) - U.S. Senate Banking Committee Chair Sherrod Brown expects to wait until January to hold hearings on President Joe Biden's nominees to the ...
Biden’s new dilemma: How to slash housing costs for low-income borrowers POLITICO 8 hrs ago By Katy O'Donnell © AP Photo/Nam Y. Huh A "lot for sale" sign stands along side a housing lot in Des Plaines, Ill. on March 21, 2021. WASHINGTON — President Joe Biden’s move to fire the top U.S. mortgage regulator is triggering calls from fellow Democrats to use the agency to expand access to loans for lower-income people, who have struggled to buy homes since the financial crisis. That’s setting up a clash with Republicans over how far the government should go in shaping a...
Millions of renters brace for a post-pandemic ax The Biden administration is racing to end a bottleneck that has prevented state and local governments from distributing nearly $50 billion in rental assistance. A rental sign is posted in front of an apartment complex Tuesday, July 14, 2020, in Phoenix. | Ross D. Franklin/AP Photo Link Copied The pandemic crisis is finally winding down for much of the country, with both vaccinations and the economy surging. But the Covid-19 housing crisis hasn’t even hit yet, and Washington’s efforts to head it off have stalled. A federal moratorium on evic...