The U.S. Consumer Financial Protection Bureau reached a $1.75 million settlement with MoneyLion to settle charges that the online lender overcharged military personnel on loans, in possibly one of the agency's final actions as it winds down enforcement activity.
U.S. President Donald Trump and New York City Mayor-elect Zohran Mamdani agreed on Friday that New York-based utility Con Edison needed to lower its rates.
The U.S. Consumer Financial Protection Bureau announced on Friday that it intends to continue supervising financial institutions on a limited basis in 2026, signaling a shift from acting Director Russell Vought’s previous pledge to completely dismantle the agency.