Written Testimony of Director Rohit Chopra before the Senate Committee on Banking, Housing, and Urban Affairs

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Written Testimony of Director Rohit Chopra before the Senate Committee on Banking, Housing, and Urban Affairs

Chairman Brown, Ranking Member Toomey, and distinguished Members of the Committee, I am pleased to appear before you today in conjunction with the Consumer Financial Protection Bureau’s (CFPB) submission of the Semiannual Report to Congress.
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Trump saved this old-fashioned lightbulb. Biden's now phasing it out.

The Energy Department finalized two rules Monday requiring manufacturers to sell energy-efficient lightbulbs, effectively putting a “sell-by” date on older, inefficient bulbs that don’t meet the new standards. The …
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Francesca McDonagh to step down as Bank of Ireland CEO

In a statement, the bank said Ms McDonagh is expected to leave the bank this September. It said a process to appoint her successor will now begin. “Francesca has been an exceptional chief executive …
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Fidelity will soon offer bitcoin as an option in 401(k)s

“We designed this from the point of view of investors that look at bitcoin as a long-term retirement savings opportunity. It’s not for intraday trading or someone looking to trade on market swings,” Gray said.
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Bear Market Looms As 'Relentless Selling' Batters Stocks—Not Even Lower Inflation Can Help Now

As the market struggles to brush off some of its worst losses in more than a year, a growing number of experts are warning more stocks could tumble into bear market territory as the Federal Reserve unwinds its pandemic-era economic support—even if …
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