The Consumer Financial Protection Bureau yesterday announced its intent to allow the expiration of a major provision of the Ability to Repay mortgage lending rules established by the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act. The change could have serious implications for mortgage and housing markets. The Ability to RepayRead More →

A “Now Hiring” sign displayed outside a Taco Bell restaurant in Joliet, Illinois. (Photographer: Daniel Acker/Bloomberg)  © 2019 BLOOMBERG FINANCE LP The U.S. Supreme Court will soon hear a case (Kansas v. Garcia) that legal analysts warn may empower state and local prosecutors with political ambitions to go after businessesRead More →