Daily Digest – January 22. CFPB To Stay Open During Shutdown

CFPB TO STAY OPEN DURING SHUTDOWN

  • The Consumer Financial Protection Bureau is not part of the federal government shutdown, and will continue to operate for the foreseeable future. Because the CFPB is funded through the Federal Reserve Board and is not part of the Congressional appropriations process, it is not at risk of being closed during the current shutdown. Ironically, the CFPB’s funding process is something that Congressional Republicans have been trying to change for several years. Republicans want the CFPB’s budget to come under Congress’s control, so that they might have more power over the CFPB.

 

WORTH NOTING: Printing its inflight magazine on lighter paper helped United Airlines save 170,000 gallons of fuel … The most active volcano in the Philippines is showing signs that it is about to erupt … The Philadelphia Eagles and New England Patriots will play each other on Feb. 4 in Super Bowl 52 … Amazon will open its first retail store, today in Seattle … Nine strategies to get your email under control … The keys to persuasion and loads of self-confidence … There are now more than 2,000 billionaires worldwide and the richest three men in the U.S. have as much wealth as the bottom 50% of the population … The biggest hit song from the year you were born … USAA will offer no-interest loans to members of the military whose paychecks are affected by the federal government shutdown … The CEO of Apple wouldn’t let his child on a social network … Pizza Hut will give away free pizza if a touchdown is scored in under 14 seconds at the Super Bowl.

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