Banks and groups sue CFPB to block consumer class action rule
More than a dozen banks and business groups filed a federal suit in Dallas challenging a CFPB rule that would let consumers band together to sue credit card issuers and others. The filing argues arbitration is essential for small, individual claims and that class actions are less effective.
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U.S
Consumer Financial Protection Bureau
Dallas
CFPB
U.S. Chamber of Commerce
The
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Richard Cordray
Ohio
New York Times
Cordray
Wall Street
Congress
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Amanda Werner
Americans For Financial Reform and
Public Citizen
Trump weighs Fed leaders as weeks pass
President Trump says he has held four meetings to pick a new Federal Reserve chair and expects a decision in two to three weeks. He cited discussions with Mnuchin, Walsh, Powell, and potentially Janet Yellen as a possible successor, with Cohn named as another contender.
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Donald Trump
Federal Reserve
Trump
White House
Treasury
Steven Mnuchin
Kevin Walsh
Fed Board
Jerome Powell
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Walsh
Wall Street Journal
Mnuchin
Powell
Janet Yellen
Gary Cohn
National Economic Council
Warsh
Ben Bernanke
Yellen
Cohn
Charlottesville
Tech and health aid push stocks to new highs
U.S. shares rose Friday with tech and health care led gains as the quarter ended at record levels. Tyson Foods lifted forecasts and KB Home posted strong results, fueling optimism about earnings and potential tax reform.
MENTIONED IN THIS ARTICLE
New York
Tyson Foods
KB Home
Federal Reserve
Janet Yellen
Central Bank
Standard & Pootr
U.S
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