Ex-FDIC official McKernan nominated as new CFPB director
Amid the uncertainty surrounding the Consumer Financial Protection Bureau, President Donald Trump has nominated a new director to lead the agency. Trump nominated...
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Equipment lenders at ‘full throttle’ in 2025
Equipment lenders see an advantageous market in 2025 after years of pandemic-induced capital and supply chain challenges. Equipment lenders are...
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CFPB pause prompts concern of ‘regulatory vacuum’
Lenders must be mindful of existing consumer law and state-level enforcement despite the current pause in enforcement activity by the...
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Northteq drives up LBX Capital originations 311%
Northteq, a fintech specializing in automated loan originations, helped LBX Capital supersize its equipment finance portfolio in December. LBX Capital,...
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ArcBest launches new tech to streamline material handling ops
Freight and logistics solutions provider ArcBest just introduced a new product to enhance material handling efficiency. Fort Smith, Ark.-based ArcBest...
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Powell tells Congress Fed still in no rush to lower rates
Federal Reserve Chair Jerome Powell said the central bank doesn’t need to rush to adjust interest rates, again signaling that...
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Section 1071 ‘likely dead’ as CFPB’s work is halted
Section 1071, a new regulatory challenge that equipment lenders have been gearing up for, may have just vanished into thin...
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Subsidies could soar under Trump, but frozen funds worry farmers
Expected farm subsidies under President Donald Trump contributed to improved farmer sentiment last month, but a recent freeze of federal...
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