New York AG announces bill to protect consumers from scams after Trump hobbles CFPB

Key Points

New York Attorney General Letitia James on Thursday announced a bill to protect the state’s consumers and small businesses from scams and deceptive practices from lenders, debt collectors and health care firms.
James said in a release that the legislation would bolster the state’s existing consumer protection law — which dates from 1970 and is more limited in scope.
The Trump administration has hobbled the CFPB, the federal agency charged with that task.

Source

Finance

Former Fed Governor Larry Lindsey withdraws name for Fed chair

October 9, 2025

Key Points Former U.S. Federal Reserve Governor Larry Lindsey has withdrawn his name from consideration for the position of Fed chair, CNBC’s Eamon Javers reported on Thursday. President Trump is considering a list of candidates to replace Federal Reserve Chairman Jerome Powell for when his term expires in May. Source

Finance

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Finance

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