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Finance

Trump names Treasury Secretary Scott Bessent acting director of CFPB, as former head Chopra confirms he is out

Republican presidential nominee former President Donald Trump, left, listens as investor Scott Bessent speaks on the economy in Asheville, N.C., Wednesday, Aug. 14, 2024.Matt...

Finance

How the Federal Reserve’s rate policy affects mortgages

The Federal Reserve lowered its interest rate target three times in 2024.This has many Americans waiting for mortgage rates to fall. But that may...

Finance

Treasury Department may fine small businesses up to $10,000 if they don’t file this new report

Treasury Secretary Janet Yellen following a tour of the Financial Crimes Enforcement Network (FinCEN) in Vienna, Virginia, on Jan. 8, 2024.Valerie Plesch/Bloomberg via Getty...

Finance

CFPB sues Comerica Bank, alleging it failed to administer federal benefits program

A Comerica Bank sign on a building in Walnut Creek, California, March 30, 2023.Smith Collection/gado | Archive Photos | Getty ImagesThe Consumer Financial Protection...

Finance

Treasury Department announces new Series I bond rate of 3.11% for the next six months

The US Department of Treasury in Washington, DC, on February 22, 2024. Mandel Ngan | AFP | Getty ImagesHow I bond rates workI bond rates...

Finance

Treasury, IRS announce ‘major milestone’ of $1 billion in past-due taxes collected from millionaires

Internal Revenue Service Commissioner Danny Werfel testifies before the House Appropriations Committee on Capitol Hill in Washington, May 7, 2024.Kevin Dietsch | Getty Images...

Finance

What the new IRS guidance on crypto tax reporting means for investors

Recep-bg | E+ | Getty ImagesThe U.S. Department of the Treasury and IRS on Friday released final tax reporting rules for digital asset brokers...

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