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@robblackwellab.bsky.social

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Evan Weinberger@reporterev.bsky.social · last yr.

The White House put out a statement about the dismantling of the CFPB. It was what you would expect. But I have to point out that one enforcement action that they mention, targeting a Chicago-area mortgage lender for discriminatory language, was filed in 2020. Remember who was president in 2020?

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Evan Weinberger@reporterev.bsky.social · 2y ago

In his first act as CFPB Acting Director, Treasury Secretary Bessent has basically stopped it from doing...anything really, according to an email obtained by Bloomberg Law: news.bloomberglaw.com/banking-law/...

Bessent Pauses CFPB Litigation, New Rules as He Takes the Reins

Treasury Secretary Scott Bessent has shut down a wide variety of operations inside the Consumer Financial Protection Bureau in his role as acting director.

news.bloomberglaw.com

Victoria Guida@vtg2.bsky.social · 2y ago

For the past few years, investors have been hyper-focused on Fed Chair Jerome Powell as he clamped down on the economy to fight inflation and then began to ease off. Next year, market intrigue will be focused elsewhere: on Donald Trump. w/ @declanharty.bsky.social www.politico.com/news/2024/12...

Trump poised to replace the Fed as Wall Street’s obsession

The stock market has been frothy even as investors have lowered their expectations for how much further interest rates will go down.

politico.com

Sam Sutton@samjsutton.bsky.social · 2y ago

Had the pleasure of joining fellow W&M Tribesman @robblackwellab.bsky.social on the "Banking With Interest" podcast to discuss Bessent, taxes and Trump 2.0. Give it a listen here www.intrafi.com/press-insigh...

Banking with Interest Podcast Hosted by Rob Blackwell | Intrafi®

Banking with Interest, a podcast by IntraFi, features in-depth analysis and insight into the policy changes reshaping the banking industry. With insightful interviews and previews of pending policy ch...

intrafi.com

Evan Weinberger@reporterev.bsky.social · 2y ago

Here's a story about the CFPB's clever marketing strategy for it's data broker rule (national security! preventing debanking!) and whether it just might work for the Trump administration. I wouldn't count on it, but I also wouldn't totally count it out. news.bloomberglaw.com/banking-law/...

CFPB's Data Broker Proposal Faces Uncertain Future Under Trump

The Consumer Financial Protection Bureau couched proposed restrictions on data brokers in bipartisan terms—as a way to protect national security, older Americans, and domestic violence survivors—but t...

news.bloomberglaw.com

Victoria Guida@vtg2.bsky.social · 2y ago

President-elect Trump announces Michael Faulkender for deputy Treasury secretary and Paul Atkins for SEC chair. (Both have previously gone through the Senate confirmation process)

Mark Zandi@markzandi.bsky.social · 2y ago

The US economy’s post-pandemic performance stands out as the best among major economies – growth since the pandemic is greater than its pre-pandemic trend. China’s economy was the first to recover from the pandemic shutdowns but has been sluggish since. The European economy has lagged even more.

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Richard Chizmar@richardchizmar.bsky.social · 2y ago

Barnes & Noble just opened an amazing new store in Georgetown (DC) and invited me to take part in the opening week festivities. Hope you’ll come join me tomorrow and get some books signed on Saturday, Nov 23, from 5-7pm.

Emily Flitter@emilyflitter.bsky.social · 2y ago

The Schwan’s truck was part of the scenery in the neighborhood where I lived in Erie, PA. (We also had a tin box on the porch where a milkman would leave a frozen gallon). Through a lens of nostalgia, this seems sad. But it’s surprising the company lasted this long www.nytimes.com/2024/11/22/b...

Yelloh, Formerly Schwan’s Home Delivery, Closes

Yelloh has parked its fleet of refrigerated trucks. Its downfall, accelerated by a disastrous rebranding, was decades in the making and probably inevitable, experts say.

nytimes.com

@robblackwellab.bsky.social · 2y ago

I just finished "Memorials" last night and it was great! Really enjoyed it! If you like good, literary horror (a la King), definitely buy it: www.simonandschuster.com/books/Memori... Climbing a tree is fun and all, but this is more fun.

Memorials

THE NEW YORK TIMES AND USA TODAY BESTSELLER A PUBLISHERS WEEKLY BEST BOOK OF 2024 “Scary and hard to put down. You might be advised not to read it ...

simonandschuster.com

Richard Chizmar@richardchizmar.bsky.social · 2y ago

Two things you should do today: 1) climb a tree 2) buy my new book But if you can only do one…

Brendan Pedersen@brendanpedersen.bsky.social · 2y ago

Sen. Elizabeth Warren (D-Mass.) tells reporters she'd like to work with President-elect Trump on a credit card rate cap of 10%, which he bandied on the trail. "I can't imagine that President Trump didn't mean every single thing he said during the campaign," Warren quips.