Left for Dead, the C.F.P.B. Inches Back to Life

At the headquarters of the Consumer Financial Protection Bureau, faint shadows above the entrance are all that remain of the letters that once spelled the agency’s name. In the Trump administration’s broad dismantling of the federal government, the consumer bureau was one of the first agencies to fall, its offices shuttered and all 1,700 workers … Read more

An Elon Musk Friend, Antonio Gracias, Joins His Effort on Social Security

A private equity investor who is one of Elon Musk’s closest confidants has taken a new role in the Social Security Administration, a development that could be politically combustible given the program’s popularity with voters and Mr. Musk’s apparent intent to make major changes at the agency. The investor, Antonio Gracias, who has served on … Read more

U.S. Consumer Sentiment Drops as Inflation Anxiety Soars

Policy uncertainty and tariff whiplash are making consumers less confident about the economic outlook and more worried about inflation, new data from the University of Michigan showed on Friday, the latest evidence that Americans are bracing for pain in President Trump’s second term. A new survey released on Friday showed consumer sentiment plummeting 11 percent … Read more