June 2026

Rate cuts further dimmed with positive employment report

Key takeaway: The Bureau of Labor Statistics reported Friday that the U.S. added 172,000 jobs in May, while unemployment held steady at 4.3%. Supporting data: Leisure and hospitality added 70,000 jobs, followed by local government with 52,000 and healthcare with 47,000. What’s at stake: The stronger-than-expected employment figures will likely make it more difficult for […]

Rate cuts further dimmed with positive employment report Read More »

Sen. Elizabeth Warren

Senate Dems introduce bill to fully restore CFPB funding

Andrew Harrer/Bloomberg Processing Content Key insight: The bill is largely symbolic since it has little chance of passing the Senate. But it signals what Democrats have in store if they are successful in the midterm elections.  What’s at stake: The legislation aims to immunize the agency from future partisan attacks. The CFPB’s funding was slashed

Senate Dems introduce bill to fully restore CFPB funding Read More »