Trump changes tone on debanking, lays more blame on banks

President Trump in an interview Tuesday morning railed against big banks for allegedly discriminating against conservatives, a notable shift in tone that puts more responsibility for the debanking debacle on banks rather than regulators.

More consumers are in delinquency as student loans sour

Late-payment rates among U.S. borrowers rose again in the second quarter, according to a report from the New York Fed. The trend reflects a sharp increase in student loan delinquencies, which have been climbing as pandemic-era policies have expired.

Trump takes Bessent off Fed short list, says four remain

The president said he would soon announce a replacement for departing Fed Gov. Adriana Kugler, adding that it’s a “possibility” that his selection for that seat on the Federal Reserve Board will be tapped as the next Fed Chair.