April 2026

Russell Vought

CFPB firing line: DOJ moves to axe half the bureau’s staff

Bloomberg News Processing Content Key insight: The agency’s enforcement and supervision units would face the heaviest hits, with staffing plummeting by 80%. Supporting data: CFPB officials alleged that a new reduction in force, or RIF, is a financial necessity after Congress slashed the bureau’s budget in half. Forward look: Critics view the latest “revised” RIF plan

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U.S. Bank adds Built to manage construction loan activity

U.S. Bank has turned to Built Technologies, which provides technology for real estate and construction finance, to help manage its portion of this process. Processing Content The bank says it will be able to fund projects faster as well as give clients real-time visibility into each step in the construction process and the related financing.

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