Political News
Latest in Political News
Court hears suit to remove Mick Mulvaney as acting head of the CFPB4/13/2018
The former acting director claims she was illegally removed
The U.S. Court of Appeals for the D.C. Circuit heard oral arguments Thursday in a case seeking to remove Mick Mulvaney as acting director of the Consumer F… continue readingBy Mark Huffman
CFPB director urges Congress to change the agency's structure4/12/2018
Mick Mulvaney says the consumer agency should be run by a bipartisan commission
In appearances on Capitol Hill this week, the acting director of the Consumer Financial Protection Bureau (CFPB) is urging Congress to take steps that crit… continue readingBy Mark Huffman
Bank of America won't lend to 'assault rifle' manufacturers4/11/2018
The decision is similar to an action taken by Citigroup
Bank of America is the latest major bank to pull back from clients who produce military style rifles for civilians, such as the AR-15.The revelation ca… continue readingBy Mark Huffman
Trump signs executive order pushing work requirements for public assistance4/11/2018
The order focuses on strengthening work requirements to help the poor achieve economic mobility
President Trump has signed an executive order calling for federal agencies to establish or strengthen employment requirements for those on public assistanc… continue readingBy Sarah D. Young
Consumers likely to pay for trade war with China4/4/2018
Tariff costs usually get added to the retail price
China has announced it will impose tariffs on 106 U.S. products, the latest shot fired in a brewing trade war between the two trading partners.The anno… continue readingBy Mark Huffman
CFPB director asks Congress to reduce the agency’s power4/3/2018
Critics charge Mick Mulvaney with pursuing a radical agenda
It's a rare event when the head of a federal agency asks Congress to limit that agency's power. But that's exactly what Mick Mulvaney, acting director of t… continue readingBy Mark Huffman
Spending bill lacks funds to stabilize health insurance market3/26/2018
As a result, Affordable Care Act premiums will surge in October
The $1.3 trillion spending bill Congress passed last week has more money for the military and domestic programs, but what it doesn't have could send health… continue readingBy Mark Huffman
Remington files for Chapter 11 bankruptcy3/26/2018
Despite financial and legal difficulties, the company plans to keep making guns
Remington Outdoor Co, one of the oldest and largest gun and ammunition manufacturers in the country, has filed for Chapter 11 bankruptcy protection.The… continue readingBy Sarah D. Young
March, 2018
Citigroup places some restrictions on gun sales for retail clients3/23/2018
The decision is the first by a major bank to take a stance in the gun control debate
Congress poised to pass $1.3 trillion budget3/22/2018
The measure would avert a government shutdown at midnight on Friday
Businesses taking the lead in emerging gun control debate3/1/2018
The recent Florida high school shooting may represent a sea change
February, 2018
Democrats and Republicans agree on two-year budget deal2/8/2018
Budget increases deficit with new military and domestic spending
Congress reportedly close to two-year budget deal2/7/2018
The proposed agreement would avert another government shutdown
January, 2018
State of the Union speech promises increased prosperity1/31/2018
Trump lists economic accomplishments, says more to come
Senate votes to end government shutdown1/22/2018
Passing the bill will fund the government another three weeks
Democrats and Republicans at odds as government shutdown looms1/19/2018
Both parties blame each other
How consumers could be affected by a government shutdown1/18/2018
The government's spending authority ends Friday at midnight
RIP: The regulations that Trump killed in 20171/4/2018
Large and small, the Trump administration ended hundreds of regulations this year. It is not easy to list all of them, so here are twenty
October, 2017
Senate votes to block lawsuits against financial services firms10/25/2017
Consumers will now have to resolve disputes with banks through arbitration only
September, 2017
Two firms that won border wall contracts were previously convicted of defrauding the U.S. government9/18/2017
A third company admitted in court filings to subcontracting an undocumented worker
August, 2017
Younger generations overtake Baby Boomers in voting numbers8/1/2017
A study shows that Millennials and Gen Xers accounted for nearly 70 million votes in 2016
July, 2017
Does President Trump's online conduct warrant a Twitter ban?7/20/2017
Twitter executives say they strive to treat all users equally when it comes to abuse
June, 2017
Consumer groups line up to bash Treasury Department report6/13/2017
The report recommends rolling back many of the reforms in the Dodd-Frank Act
Treasury report expected to be harshly critical of consumer agency6/12/2017
The Consumer Financial Protection Bureau is targeted for disassembly and disposal
House passes bill loosening regulation of financial sector6/9/2017
The measure repeals many of the reforms passed after the 2008 financial meltdown
May, 2017
Groups say Trump budget would hit consumers hard5/23/2017
Spending blueprint slashes food stamps, Medicaid, and CDC budget
Consumer groups descend on Washington to fight protection rollbacks5/9/2017
The consumer activists are particularly concerned by efforts to weaken the CFPB
House panel votes to reduce bank regulations5/5/2017
The unraveling of the Obama administration continues in Congress
Study suggests worries about impact of 'fake news' are overblown5/5/2017
Resarchers found internet users aren't swayed by made-up stories
April, 2017
Trump's tax plan cuts rates, removes some deductions4/26/2017
The plan would eliminate the deduction for state and local taxes
How would a government shutdown affect you?4/26/2017
You might have to wait longer for your tax refund and possibily change vacation plans
Texas mayor who stoked 'Sharia Law' fears may be tapped for HUD post4/5/2017
Irving Mayor Beth Van Duyne suggested without evidence that radicalized Muslims were committing human rights violations
March, 2017
Justice Department changes its tune on Consumer Financial Protection Bureau3/20/2017
Times have changed since the last time it filed arguments on the matter
Reporters often banned from public meetings even though it's unconstitutional3/1/2017
Last week's White House event became notorious but locking out reporters is common
February, 2017
Sears, Kmart dump Trump Home items, citing lagging sales2/13/2017
The move follows Nordstrom's cancellation of Ivanka Trump's clothing line-up last week
There's growing concern about a trade war with China2/9/2017
President Trump is being urged to carefully consider the consequences
Steve Forbes labels border adjustment tax idea 'crazy'2/8/2017
Says it will cost U.S. consumers $100 billion a year
Trade associations oppose Trump's blocking of new hazmat rules2/8/2017
Not every industry wants to overturn every regulation
January, 2017
Tech sector condemns Trump border closings1/30/2017
Tech company leaders offer jobs, housing, and other aid to those affected by Trump's action
Trump promises to do a 'big number' on Dodd-Frank1/30/2017
The consumer protection measure stifles business, hurts consumers, he argues
Private prison industry sees big leap in stock price under Trump administration1/26/2017
For-profit prisons stand to gain from Trump's immigration policies
Trump names new acting chair of the FTC1/26/2017
Maureen Ohlhausen, a Republican, has been on the commission since 2012
State attorneys general defend Consumer Financial Protection Bureau1/25/2017
AGs from 17 states have filed a motion defending the bureau against its attackers
FTC chairwoman Edith Ramirez resigns1/13/2017
Top appointees are leaving their posts as the Obama Administration winds down
November, 2016
Realtors, immigration lawyers, may benefit from Trump victory11/11/2016
But Clinton voters contemplating Canada may not find a welcome mat
Transportation projects may get underway in the Trump Era11/10/2016
Infrastructure upgrades, airline protectionism may be high on the new administration's agenda