San Francisco-based Aave Labs has made a strategic acquisition by acquiring the consumer DeFi platform, Stable Finance. This move strengthens Aave’s position in the rapidly expanding onchain finance […]
CFPB Leader Exits, Blaming Trump Administration for Agency Struggles
Cara Petersen, a prominent figure within the U.S. Consumer Financial Protection Bureau (CFPB), has resigned in protest of what she deems to be the Trump administration’s destructive policies […]
CFPB Top Official Resigns Amidst Trump Administration’s Policy Changes
The U.S. Consumer Financial Protection Bureau (CFPB) is facing a significant setback after its top enforcement official resigned, citing the drastic staff reductions implemented under the Trump administration. […]
Morph Names Colin Goltra as New CEO
Morph, an Ethereum Layer 2 network focused on consumer finance, has appointed Colin Goltra as its new Chief Executive Officer. Goltra joins Morph after serving as Chief Growth […]
U.S. Banks Resist Reversing High Credit Card Rates Despite CFPB Defeat
Despite a court defeat of a Consumer Financial Protection Bureau (CFPB) rule limiting late fees, major U.S. banks are maintaining elevated credit card rates and new fees. These […]