Fed Official Rate Cut Views & Leadership Change
Stephen Miran suggests a 50 basis points rate cut. Powell's replacement search underway. Government shutdown impacts CFPB & housing. Leadership transition and financial impacts. Rate cut anticipations.
CFPB freezes activity after acting director takes helm
With the installation of U.S. Department of Treasury Secretary Scott Bessent as acting director at the Consumer Financial Protection Bureau, it appears that activity at the agency is coming to a halt for now.