The CFPB wants to rein in data brokers

The Consumer Financial Protection Bureau wants to propose new regulations that would require data brokers to comply with the Fair Credit Reporting Act. In a speech at the White House earlier this month, CFPB Director Rohit Chopra said the agency is looking into policies to “ensure greater accountability” for companies that buy and sell consumer … Read more

Exclusive-China presses Iran to rein in Houthi attacks in Red Sea, sources say

By Parisa Hafezi and Andrew Hayley DUBAI (Reuters) – Chinese officials have asked their Iranian counterparts to help rein in attacks on ships in the Red Sea by the Iran-backed Houthis, or risk harming business relations with Beijing, four Iranian sources and a diplomat familiar with the matter said. The discussions about the attacks and … Read more

Fed attempts to rein in markets

A trader works, as a screen displays a news conference by Federal Reserve Board Chairman Jerome Powell following the Fed rate announcement, on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., December 13, 2023.  Brendan Mcdermid | Reuters This report is from today’s CNBC Daily Open, our new, international … Read more

Here’s a New Plan to Rein In the Gilded Tech Bros

When I first heard in 2013 that Barack Obama had chosen Tom Wheeler to head the crucial tech regulator that is the US Federal Communications Commission, my first thought was … what a sell-out! The new FCC boss had previously been head lobbyist for not one, but two industries: cable TV and cellular telecom. How … Read more