Senator: Treasury Dep’t Email Accounts Compromised in Hack

Dozens of email accounts at the Treasury Department were compromised in a massive breach of U.S. government agencies being blamed on Russia, with hackers breaking into systems used by the department’s highest-ranking officials, a senator said Monday after being briefed on the matter.

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Justices Struggle With Fannie-Freddie Case Hinged on Presidential Powers

In many ways echoing last year’s Consumer Financial Protection Bureau challenge, shareholders of Fannie Mae and Freddie Mac took on the authority of the federal agency that oversees the mortgage giants Wednesday in a Supreme Court battle implicating billions of dollars.

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States Sue Trump Administration Over New Payday-Lending Rule

Seeking to stop the cycle of unsophisticated borrowers getting trapped in a recurring cycle of debt, multiple states have imposed regulations on payday lenders in recent years – regulations that will no longer apply to some lenders under a new Trump administration rule.

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Fed Chair Warns Recovery Will Be Slow Until Virus Is Contained

With experts suggesting Covid-19 infections in the U.S. could more than double on a daily basis without better containment, the chair of the Federal Reserve also warned Congress on Tuesday that a full economic recovery will remain out of reach until the pandemic is under control.

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