Emily Flitter

New York

Reporter covering inequality in finance & housing for @business. Author of THE WHITE WALL, https://t.co/GuzBSfQnPn. Florida-born bird nerd. Go Rangers.

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Articles

CFPB to Cut Financial Firm Supervision, Curb Fintech Focus (2)

1 month ago | news.bloombergtax.com | Paige Smith |Emily Flitter

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CFPB to Cut Financial Firm Supervision, Curb Fintech Focus (2)

1 month ago | news.bloomberglaw.com | Paige Smith |Emily Flitter

America’s top consumer financial watchdog has spelled out its priorities under the Donald Trump era, including a dramatic cut to supervision and a shift away from financial technology firm oversight. The Consumer Financial Protection Bureau said it will curb the number of supervision “events” by 50% and leave other enforcement actions to states, according to an email to staff seen by Bloomberg News.
CFPB to Cut Financial Firm Supervision, Curb Fintech Focus

1 month ago | bloomberg.com | Paige Smith |Emily Flitter

The US Consumer Financial Protection Bureau headquarters in Washington, DC. (Bloomberg) -- America’s top consumer financial watchdog has spelled out its priorities under the Donald Trump era, including a dramatic cut to supervision and a shift away from financial technology firm oversight. The Consumer Financial Protection Bureau said it will curb the number of supervision “events” by 50% and leave other enforcement actions to states, according to an email to staff seen by Bloomberg News.
Amazon, Target and Walmart In Sight for Boycotts Over DEI

2 months ago | bloomberg.com | Emily Flitter

Emily Flitter is a reporter for Bloomberg News’ Equality team. She covers topics ranging from corporate culture to consumer finance. You can subscribe here, and share feedback here. Hello, and welcome back to the Equality newsletter. Today, I want to talk about a call to boycott companies that are rolling back their DEI programs.
Law Firms Struggle for Consensus on Taking on Trump: Equality

2 months ago | news.bloomberglaw.com | Justin Henry |Simone Foxman |Ava Benny-Morrison |David Voreacos |Emily Flitter

Simone Foxman is a reporter for Bloomberg News’ Equality team. She covers topics ranging from women in the work place to race and equity initiatives. You can subscribe here, and share feedback here. Hello, and welcome back to the Equality newsletter, this is Simone Foxman in New York.
Treasury Moves to Protect CDFI Fund That Trump Calls Unnecessary

2 months ago | news.bloombergtax.com | Emily Flitter

The Treasury department has moved to protect a financial program for low-income and under-served communities after President Donald Trump ordered its functions be eliminated to the maximum extent legally allowed. The Community Development Financial Institutions Fund is responsible for 11 programs or functions, all of which are legally required, the Treasury said in a report to the Office of Management and Budget that was seen by Bloomberg News.
Treasury Moves to Protect CDFI Fund That Trump Calls Unnecessary

2 months ago | news.bloomberglaw.com | Emily Flitter

The Treasury department has moved to protect a financial program for low-income and under-served communities after President Donald Trump ordered its functions be eliminated to the maximum extent legally allowed. The Community Development Financial Institutions Fund is responsible for 11 programs or functions, all of which are legally required, the Treasury said in a report to the Office of Management and Budget that was seen by Bloomberg News.
Treasury Moves to Protect Low-Income Lending Program Targeted by Trump

2 months ago | bloomberg.com | Emily Flitter

Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers Bloomberg Anywhere Remote Login Software Updates Manage Products and Account Information Support Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Company About Careers Inclusion at Bloomberg Tech at Bloomberg Philanthropy Sustainability Bloomberg London...
Bessent Vow for Low-Income Loans Collides With Cost Cuts (1)

2 months ago | news.bloombergtax.com | Emily Flitter |Simone Foxman |Amara Omeokwe

President Donald Trump’s aggressive government cost-cutting agenda is forcing his Treasury chief to balance support for that mission with efforts to protect a crucial financial lifeline for millions of low-income Americans.
Bessent Resists DOGE Cuts That Put Low-Income Lending Program Under Fire

2 months ago | bloomberg.com | Emily Flitter |Simone Foxman |Amara Omeokwe

Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers Bloomberg Anywhere Remote Login Software Updates Manage Products and Account Information Support Americas+1 212 318 2000 EMEA+44 20 7330 7500 Asia Pacific+65 6212 1000 Company About Careers Diversity and Inclusion Tech At Bloomberg Philanthropy Sustainability Bloomberg London...