Demonstrators hold signs as they protest against President Donald Trump and Elon Musk’s DOGE’s efforts to dismantle the Consumer Financial Protection Bureau in front of the CFPB headquarters in Washington, D.C., on Feb. 10, 2025. (Photo by SAUL LOEB/AFP via Getty Images)
A source with the Senate Banking Committee Democrats said the acting CFPB director hasn’t responded to a June 22 letter about the disappearance of 15 years of…
Sen. Lisa Blunt Rochester, D-Del., attends a Senate Health, Education, Labor and Pensions Committee confirmation hearing in the Dirksen building on June 18, 2025. (Tom Williams/CQ-Roll Call, Inc via Getty Images)
A bill from Sens. Blunt Rochester, Hirono and Schiff charges the departments of Labor, Commerce and Education with studying AI’s effect on the workforce and awarding grants…
The Consumer Safety Technology Act also calls for a Commerce-FTC study on how blockchain can protect consumers from fraud. The companion bill passed the House in July.
Fed Chair Jerome Powell testifies before the Senate Committee on Banking, Housing, and Urban Affairs on June 25, 2025 in Washington, D.C. (Photo by Kent Nishimura/Getty Images)
Jerome Powell told lawmakers that the technology’s impact on the economy is “probably not great” now, but it has the “potential to make really dramatic changes.”