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Banking and Consumer Regulatory Digest - May 2024 - 2 | JD Supra
JD Supra· 6 days agoOn May 10, 2024, a federal district judge in the Northern District of Texas granted a preliminary injunction that for now stays CFPB's rule capping most credit card late fees at $8. The court's ...
Millions of Americans over 55 still owe money on student debt: Survey
Just the News· 7 days agoMore than two million Americans aged 55 and older still have student loan debts as of 2022, according to a new survey released Wednesday. The Federal Reserve Board’s 2022 Survey of Consumer ...
Point of view: Special Drawing Rights Reconsidered
IMF· 1 day agoThe IMF’s principal purpose, according to its Articles of Agreement, is to promote international monetary cooperation by providing “the machinery for consultation and collaboration on international ...
Inflation pressures lingering from pandemic are keeping Fed rate cuts on pause
Anchorage Daily News· 7 days agoHopes for interest rate cuts this year by the Federal Reserve are steadily fading, with a stream of...
Ex-Treasury Secretary Larry Summers Warns Trump's Re-Election May Push Mortgage Rates Beyond 10%:...
Benzinga· 2 days agoFormer Treasury Secretary Larry Summers, who is on the “inflation truthers” camp, said on Sunday...