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Lender Operations

The lobby of the US Consumer Financial Protection Bureau headquarters as a worker removes belongings from the building in Washington on Feb. 9.

Lender Operations

DOGE-backed halt at CFPB comes amid Musk’s plans for ‘X’ digital wallet

byBloomberg News

February 10, 2025

In another weekend takeover of a federal agency's operations, staffers from an efficiency initiative led by billionaire Elon Musk helped...

ATEL Leasing Corporation Provides Equipment Financing to Berkshire Hathaway Subsidiaries

Lender Operations

ATEL funds equipment for Berkshire Hathaway subsidiaries

byEquipment Finance News, AI Assisted

February 7, 2025

ATEL Leasing, a subsidiary of ATEL Capital Group, provided lease financing for essential capital equipment to multiple Berkshire Hathaway subsidiaries....

Old mining equipment that belonged to Wismut, a Soviet-East German company that supplied Moscows nuclear weapons program, outside the Uranium Mining Museum in Aue/Bad Schlema, Germany, on Wednesday, Sept. 25, 2025. The spa town where discoveries of uranium ore were first made by the Soviet military in 1946, are on a Chemnitz's European Capital of Culture 2025 sculpture trail.

Lender Operations

First Citizens, Sixth Street form equipment finance JV

byEquipment Finance News, AI Assisted

February 5, 2025

First Citizens Bank and global investment firm Sixth Street launched Sixty-First Commercial Finance to provide flexible capital equipment financing solutions for middle-market...

Equipment dealers and lenders are looking to capitalize on growing demand for rental equipment as the used-equipment market adjusts ahead of 2025

Lender Operations

Equipment lenders see January M&A jump

byJohnnie Martinez II

February 4, 2025

Equipment lenders and lending service providers entered the mergers and acquisitions market to begin 2025 as both look to strengthen...

The US Consumer Financial Protection Bureau (CFPB) headquarters in Washington, DC, US, on Thursday, May 9, 2024. The Department of Transportation and the Consumer Financial Protection Bureau (CFBP) are holding a joint hearing with industry representatives, labor leaders, and consumer advocates about competition issues experienced with airline and credit card rewards programs.

Lender Operations

CFPB fires Rohit Chopra, ceases active litigation

byQuinn Donoghueand2 others

February 3, 2025

The Trump administration fired Consumer Financial Protection Bureau Director Rohit Chopra on Feb. 1, prompting questions regarding pending cases and the bureau’s direction. ...

President Sheinbaum Presents Mexico's Trade Plan Following Trump Tariff Threat

Lender Operations

Mexico’s Sheinbaum says tariffs delayed for one month

byBloomberg News

February 3, 2025

President Claudia Sheinbaum said US tariffs on Mexico would be delayed for one month after a conversation with Donald Trump...

Rohit Chopra, director of the Consumer Financial Protection Bureau (CFPB), during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, DC, US, on Wednesday, Dec. 11, 2024. The Consumer Financial Protection Bureau is working on a rule that would allow domestic violence and elder abuse victims to expunge "coerced debt" from their credit reports.

Lender Operations

Trump fires Biden’s consumer protection watchdog Rohit Chopra

byBloomberg News

February 3, 2025

Rohit Chopra, the director of the Consumer Financial Protection Bureau under President Joe Biden, was fired by the Trump administration,...

Equipment dealers capitalize on regional development booms

Lender Operations

Elliott launches Elevex, tech-driven equipment finance firm

byEquipment Finance News, AI Assisted

January 30, 2025

An industry veteran has launched a firm that will leverage technology to make a splash in the equipment finance industry....

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