Student loan forgiveness delays under Trump prompt class action effort

American Federation of Teachers President Randi Weingarten speaks to the audience at the annual convention of the American Federation of Teachers Friday, July 13, 2018 at the David L. Lawrence Convention Center in Pittsburgh, Pennsylvania. Jeff Swensen | Getty Images The American Federation of Teachers filed a class action complaint earlier this month against the…

Lisa Cook hints ‘clerical error’ to blame for any mortgage application discrepancy

Federal Reserve Governor Lisa Cook’s lawsuit against Donald Trump challenges his ability to remove her from office, but only briefly addresses the central accusations that she committed mortgage fraud. One part of the documents filed in the suit suggests that the issue at hand regarding documents Cook submitted for home loans may have been caused…

New York Attorney General James sues Zelle parent company, alleging it enabled fraud

New York Attorney General Letitia James speaks outside New York Supreme Court in New York City ahead of former President Donald Trump’s civil business fraud trial on October 2, 2023. John Lamparski | AFP | Getty Images New York Attorney General Letitia James sued the operator of the Zelle payments network on Wednesday, alleging it…

Trump inaugural impersonators scammed donors out of crypto, feds say

Sopa Images | Lightrocket | Getty Images Scammers impersonating the President Donald Trump and Vice President JD Vance Inaugural Committee fraudulently stole hundreds of thousands of dollars in cryptocurrency, according to a new complaint filed by federal prosecutors. The perpetrators used phony email addresses made to look like they belonged to the inaugural committee to…

Fed’s inspector general is reviewing Trump administration’s moves to dismantle CFPB

Director of the Office of Management and Budget (OMB) Russell Vought attends a cabinet meeting at the White House in Washington, D.C., U.S., April 10, 2025. Nathan Howard | Reuters The Federal Reserve’s inspector general is reviewing the Trump administration’s attempts to lay off nearly all Consumer Financial Protection Bureau employees and cancel the agency’s…

Supreme Court insulates Federal Reserve while backing Trump firing of agency leaders

The U.S. Supreme Court building in Washington, July 19, 2024. Kevin Mohatt | Reuters The Supreme Court on Thursday strongly suggested that Federal Reserve board members would have special protection against being fired by a president in a ruling that, for now, allows President Donald Trump to fire two members of other federal agencies’ boards….