#credit

After buzzy fintech startup Bilt left customers with frozen accounts and unpaid rents, Russell Vought told Congress that Bilt was “able to fix their issues” before the CFPB needed to investigate. Weeks later, a second debacle hit customers. https://www.propublica.org/article/bilt-cfpb-russell-vought-trump-consumer-protection-fintech?utm_source=mastodon&utm_medium=social&utm_campaign=mastodon-post #News #Congress #RussellVought #Government #Credit #CreditCards #Consumer #Regulation

US War On #Iran Not Helping #BondMarket, Rising rates have driven a $2.6 trillion decline in total economic value of treasuries...Since #HerrDrumpf political stranglehold and threats to #Federal Reserve System chair, the U.S. no longer holds a top-tier #credit rating. Like all his own past #biz ventures, #USA is likely gong down as well wiith #Drumpf ship as deepening trouble in #mideast conflicts create global downward spirals... https://fortune.com/2026/03/28/us-debt-auctions-weak-demand-treasury-yields-10-trillion-refinance-iran-war-bond-market/

3: #Inflation outlook: With inflation trending higher, what are the implications for #equity and #credit #markets if the #Fed hikes in September and December, as currently priced in fed funds futures?