@robblackwellab.bsky.social
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reposted by
Evan Weinberger
10 months ago
The White House put out a statement about the dismantling of the CFPB. It was what you would expect. But I have to point out that one enforcement action that they mention, targeting a Chicago-area mortgage lender for discriminatory language, was filed in 2020. Remember who was president in 2020?
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reposted by
Evan Weinberger
10 months ago
In his first act as CFPB Acting Director, Treasury Secretary Bessent has basically stopped it from doing...anything really, according to an email obtained by Bloomberg Law:
news.bloomberglaw.com/banking-law/...
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Bessent Pauses CFPB Litigation, New Rules as He Takes the Reins
Treasury Secretary Scott Bessent has shut down a wide variety of operations inside the Consumer Financial Protection Bureau in his role as acting director.
https://news.bloomberglaw.com/banking-law/bessent-pauses-cfpb-litigation-new-rules-as-he-takes-the-reins
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reposted by
Evan Weinberger
11 months ago
Behold, the first industry lawsuit against the CFPB's ban on medical debt rule:
news.bloomberglaw.com/banking-law/...
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CFPB's Medical Debt Credit Reporting Ban Faces Industry Lawsuit
A trade group representing consumer credit reporting companies and a Texas-based credit union association sued to block the Consumer Financial Protection Bureau’s new rule barring most medical debt fr...
https://news.bloomberglaw.com/banking-law/cfpbs-medical-debt-credit-reporting-ban-faces-industry-lawsuit
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Nothing says Christmas like suing the Fed!
add a skeleton here at some point
12 months ago
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reposted by
Steven Hyden
12 months ago
Happy birthday Eddie Jerome Vedder. Remembering his excellent acting work in the greatest modern musician biopic.
www.youtube.com/watch?v=Lq6S...
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Walk Hard: The Dewey Cox Story (Extended Scene) - "Eddie Vedder's Induction Speech"
YouTube video by TONES' TUNES
https://www.youtube.com/watch?v=Lq6SHZDkAoo
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reposted by
Evan Weinberger
12 months ago
Anyway, as alleged, the complaint against Walmart and Branch is pretty bad. Requirements that Spark Drivers have a Branch account, and pay fees to transfer pay to their regular banks.
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reposted by
Evan Weinberger
12 months ago
Happy Festivus from the CFPB!
news.bloomberglaw.com/banking-law/...
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CFPB Sues Walmart, Fintech Partner for Illegal Account Openings
Walmart Inc. and one of its financial technology partners allegedly opened expensive bank accounts for delivery drivers without their consent, a US consumer protection agency said on Monday.
https://news.bloomberglaw.com/banking-law/cfpb-sues-walmart-fintech-partner-for-illegal-account-openings
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reposted by
Evan Weinberger
12 months ago
In case you missed it, CFPB Director Rohit Chopra is going out guns blazing.
news.bloomberglaw.com/banking-law/...
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CFPB Sues JPMorgan, Bank of America Over Alleged Zelle Fraud (1)
The Consumer Financial Protection Bureau sued JPMorgan Chase & Co., Bank of America Corp. and Wells Fargo & Co. along with the parent company of Zelle alleging the firms rushed a peer-to-peer payment ...
https://news.bloomberglaw.com/banking-law/cfpb-sues-jpmorgan-bank-of-america-over-alleged-zelle-fraud
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reposted by
Victoria Guida
12 months ago
For the past few years, investors have been hyper-focused on Fed Chair Jerome Powell as he clamped down on the economy to fight inflation and then began to ease off. Next year, market intrigue will be focused elsewhere: on Donald Trump. w/
@declanharty.bsky.social
www.politico.com/news/2024/12...
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Trump poised to replace the Fed as Wall Street’s obsession
The stock market has been frothy even as investors have lowered their expectations for how much further interest rates will go down.
https://www.politico.com/news/2024/12/18/trump-wall-street-focus-00195036
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reposted by
Evan Weinberger
12 months ago
It's always a pleasure to talk to Rob. This was a really fun conversation.
add a skeleton here at some point
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There's been a lot of chatter about the future of FDIC, CFPB under Trump. I turn to
@reporterev.bsky.social
to help me break it down. Can Trump eliminate the FDIC? What CFPB policies will survive? Listen on Apple Pod:
podcasts.apple.com/us/podcast/w...
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What’s the Future of the CFPB and FDIC Under Trump?
Podcast Episode · Banking with Interest · 12/17/2024 · 37m
https://podcasts.apple.com/us/podcast/whats-the-future-of-the-cfpb-and-fdic-under-trump/id1506774121?i=1000680681763
12 months ago
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Awesome to have Alex Johnson of Fintech Takes back on the podcast to talk crypto's political influence, stablecoins' future and debanking. Listen on Apple Podcasts:
podcasts.apple.com/us/podcast/c...
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Crypto’s Win, Stablecoins’ Future & Debanking Debate
Podcast Episode · Banking with Interest · 12/12/2024 · 45m
https://podcasts.apple.com/us/podcast/cryptos-win-stablecoins-future-debanking-debate/id1506774121?i=1000680127031
about 1 year ago
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reposted by
Sam Sutton
about 1 year ago
Had the pleasure of joining fellow W&M Tribesman
@robblackwellab.bsky.social
on the "Banking With Interest" podcast to discuss Bessent, taxes and Trump 2.0. Give it a listen here
www.intrafi.com/press-insigh...
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Banking with Interest Podcast Hosted by Rob Blackwell | Intrafi®
Banking with Interest, a podcast by IntraFi, features in-depth analysis and insight into the policy changes reshaping the banking industry. With insightful interviews and previews of pending policy ch...
https://www.intrafi.com/press-insights/podcasts
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reposted by
The Onion
about 1 year ago
Standing Desk Celebrates 4th Year At Lowest Possible Setting
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reposted by
Evan Weinberger
about 1 year ago
Here's a story about the CFPB's clever marketing strategy for it's data broker rule (national security! preventing debanking!) and whether it just might work for the Trump administration. I wouldn't count on it, but I also wouldn't totally count it out.
news.bloomberglaw.com/banking-law/...
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CFPB's Data Broker Proposal Faces Uncertain Future Under Trump
The Consumer Financial Protection Bureau couched proposed restrictions on data brokers in bipartisan terms—as a way to protect national security, older Americans, and domestic violence survivors—but t...
https://news.bloomberglaw.com/banking-law/cfpbs-data-broker-proposal-faces-uncertain-future-under-trump
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reposted by
Emily Flitter
about 1 year ago
I am happy to be on Bluesky for the simple reason that I can actually see posts by people I follow. That shouldn’t be remarkable at all, but it is when compared with X!
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reposted by
Victoria Guida
about 1 year ago
President-elect Trump announces Michael Faulkender for deputy Treasury secretary and Paul Atkins for SEC chair. (Both have previously gone through the Senate confirmation process)
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reposted by
Sam Sutton
about 1 year ago
The economic clashes looming in Trump 2.0
www.politico.com/news/2024/12...
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The economic clashes looming in Trump 2.0
Investors have been heartened by the selection of Bessent and Hassett as a sign the Cabinet might soften the parts of Trump's agenda that could shake markets.
https://www.politico.com/news/2024/12/03/economy-clashes-trump-bessent-hassett-00192320
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reposted by
Jon Cryer
about 1 year ago
Spoiler alert: I did not get the part.
add a skeleton here at some point
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reposted by
Mark Zandi
about 1 year ago
The US economy’s post-pandemic performance stands out as the best among major economies – growth since the pandemic is greater than its pre-pandemic trend. China’s economy was the first to recover from the pandemic shutdowns but has been sluggish since. The European economy has lagged even more.
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reposted by
Richard Chizmar
about 1 year ago
Barnes & Noble just opened an amazing new store in Georgetown (DC) and invited me to take part in the opening week festivities. Hope you’ll come join me tomorrow and get some books signed on Saturday, Nov 23, from 5-7pm.
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reposted by
U2Songs
about 1 year ago
U2 have released a number of "visualiser" videos on their YouTube account, as well as the lyric video for "Luckiest Man in the World". They are all available now...
#U2HTDAAB20
#ReASSEMBLE
#U2
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reposted by
Emily Flitter
about 1 year ago
The Schwan’s truck was part of the scenery in the neighborhood where I lived in Erie, PA. (We also had a tin box on the porch where a milkman would leave a frozen gallon). Through a lens of nostalgia, this seems sad. But it’s surprising the company lasted this long
www.nytimes.com/2024/11/22/b...
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Yelloh, Formerly Schwan’s Home Delivery, Closes
Yelloh has parked its fleet of refrigerated trucks. Its downfall, accelerated by a disastrous rebranding, was decades in the making and probably inevitable, experts say.
https://www.nytimes.com/2024/11/22/business/yelloh-schwan-food-delivery-closes.html
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I just finished "Memorials" last night and it was great! Really enjoyed it! If you like good, literary horror (a la King), definitely buy it:
www.simonandschuster.com/books/Memori...
Climbing a tree is fun and all, but this is more fun.
add a skeleton here at some point
about 1 year ago
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Had a terrific, in-depth discussion about the future of the CFPB, including its contentious open data rule, with Lindsey Johnson, head of the Consumer Bankers Association, on the podcast this morning. Listen in:
podcasts.apple.com/us/podcast/c...
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CBA's Johnson on CFPB Under Trump, Open Banking and Junk Fees vs. Junk Facts
Podcast Episode · Banking with Interest · 11/21/2024 · 37m
https://podcasts.apple.com/us/podcast/cbas-johnson-on-cfpb-under-trump-open-banking-and/id1506774121?i=1000677762238
about 1 year ago
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reposted by
U2Songs
about 1 year ago
"Luckiest Man in the World" (aka "Mercy") will be sent to radio as the fourth song from the album sent for promotion. A lyric video will also debut tomorrow, Nov. 22. For more info on the promotional singles to date:
www.u2songs.com/discography/...
#U2HTDAAB20
#U2Mercy
#ReAssemble
#U2
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reposted by
Brendan Pedersen
about 1 year ago
Sen. Elizabeth Warren (D-Mass.) tells reporters she'd like to work with President-elect Trump on a credit card rate cap of 10%, which he bandied on the trail. "I can't imagine that President Trump didn't mean every single thing he said during the campaign," Warren quips.
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reposted by
Zeke Faux
about 1 year ago
scoop from my bloomberg colleagues -- Trump is considering creating a White House crypto czar
www.bloomberg.com/news/article...
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Trump Team Mulls Creating First-Ever White House Crypto Role
President-elect Donald Trump’s team is holding discussions with the digital asset industry about whether to create a new White House post solely dedicated to cryptocurrency policy, according to people...
https://www.bloomberg.com/news/articles/2024-11-20/trump-team-mulls-creating-first-ever-white-house-crypto-role?srnd=homepage-americas&sref=sGNHChN7
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Chair McHenry is opening this regulatory hearing by sharply criticizing all the regulators. Accusing them of missing the ball on regional bank failures last year, acting politically, putting forth rules with no data backing them. He's not a fan.
www.youtube.com/watch?v=NNxT...
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Hearing Entitled: Oversight of Prudential Regulators
YouTube video by GOPFinancialServices
https://www.youtube.com/watch?v=NNxTGqN5Syc
about 1 year ago
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reposted by
U2Songs
about 1 year ago
Some images from the How to Re-Assemble an Atomic Bomb listening session in Berlin tonight courtesy of Pawel! We will update our report on these sessions shortly! Thanks for sharing
@pawelszcz.bsky.social
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reposted by
Phil Lewis
about 1 year ago
Barnes & Noble is making a comeback: The world’s largest retail bookseller is expanding at a breakneck pace and is on track to reach its goal of more than 60 planned openings this year.
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Barnes & Noble is making a comeback | CNN Business
The world’s largest retail bookseller is expanding at a breakneck pace and is on track to reach its goal of more than 60 planned openings this year. The plan marks a dramatic shift from when it closed...
https://www.cnn.com/2024/11/16/business/barnes-and-noble-is-back-again/index.html
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