McCarthy’s Ouster Adds to Market Jitters
Posted inDemocratic Party DoubleLine Capital Federal Reserve System Gaetz, Matt Goldman Sachs Group Inc Government Bonds House of Representatives internal-storyline-no McCarthy, Kevin (1965- ) Republican Party Shutdowns (Institutional) Treasury Department United States Economy United States Politics and Government

McCarthy’s Ouster Adds to Market Jitters

Stocks and bonds have tumbled worldwide, with the 30-year Treasury bill hitting a 16-year high. Investors are worried about the economy’s health.
Wall Street’s Most Hated Regulator Faces an Existential Threat
Posted inBanking and Financial Institutions Chopra, Rohit Consumer Financial Protection Bureau Consumer Protection Corinthian Colleges Inc Democratic Party Dodd-Frank Wall Street Reform and Consumer Protection Act (2010) Education (K-12) Education Department (NJ) Education Department (US) For-Profit Schools House Financial Services Committee ITT Technical Institute Payday Loans Regulation and Deregulation of Industry Student Loans Supreme Court (US) TransUnion LLC Trump, Donald J United States Politics and Government

Wall Street’s Most Hated Regulator Faces an Existential Threat

Rohit Chopra, who leads the Consumer Financial Protection Bureau, says he is simply enforcing the law. Bankers call him reckless — a “regulator gone rogue.”