Senate Blocks Democratic CFPB Restoration Push On Wednesday, May 13, Senate Republicans blocked a coordinated Democratic effort to restore a series of Consumer Financial Protection Bureau policies that have been rolled back under the Trump administration. Here's a breakdown of ...

Public debt held hit $31.27 trillion at the end of the first quarter of 2026 — roughly twice the historical average. U.S. public debt has reached 100.2% of Gross Domestic Product (GDP), a milestone marking the first time since World ...

Scale of the Default Crisis The numbers are staggering. According to New York Fed data, roughly 1 million borrowers defaulted in Q4 2025 and an additional 2.6 million defaulted in Q1 2026 — bringing the total newly defaulted since late ...

California farmers are scheduled to destroy approximately 420,000 clingstone peach trees across 3,000 acres following the Chapter 11 bankruptcy of Del Monte Foods. The mass removal is a direct result of the permanent closure of Del Monte’s processing facilities in ...

US household debt has reached a record 18.8 trillion dollars, and student loan distress is now one of the weakest points in the consumer credit stack, with delinquencies back above pre‑pandemic norms. What the 18.8T number includes The New York ...

The chairman of the Federal Trade Commission sent a warning letter Friday to national mortgage services provider Mortgage Connect over employee contracts. Processing Content Andrew Ferguson, who has served as the agency's commissioner since April 2024, urged the company to ...

U.S. household debt reached a record $18.8 trillion in Q4 2025, up about $191 billion in one quarter and $4.6 trillion since the end of 2019. Big picture numbers Total household debt: $18.8 trillion at end‑Q4 2025, a fresh all‑time ...

For fintech, growth has often been built on one critical advantage: the ability to price and manage risk with greater flexibility than traditional financial institutions. Through AI-driven underwriting, alternative credit models, cash-flow analytics, and embedded finance, fintech platforms have expanded ...

March brought a reversal from February, with FDCPA, FCRA and CFPB activity rising while TCPA filings declined slightly month over month, according to the latest WebRecon report. Consumer litigation activity shifted again in March, reversing several of the trends seen ...