New orders for manufactured durable goods in January decreased $18 billion in January to $276.7 billion, the U.S. Census Bureau said in its most recent advance report. The decrease followed a 0.3% December decrease. Excluding transportation, new orders decreased 0.3%. Excluding defense, new orders decreased 7.3%. Transportation equipment led the decrease, $17.4 billion or 16.2% to $89.8 billion
Sen. Mike Rounds (R-S.D.) introduced a resolution to overturn a Consumer Financial Protection Bureau rule removing medical debt and medical bills from credit reports.
A survey of bank customers in multiple countries found that most trust their main bank to keep their personal data secure but don’t always extend that trust to other institutions.
ABA submitted a list of recommendations for banking agencies as they conduct a congressionally mandated review of regulations, with the association focusing on reducing the regulatory burden for banks.
The Consumer Price Index rose 0.2% in February after rising 0.5% the previous month, and increased 2.8% over the past year, the Labor Department said.
President Trump nominated Sean Plankey to be director of the Cybersecurity and Infrastructure Security Agency, which is part of the Department of Homeland Security.
The House approved legislation to fund the federal government through September. The bill now heads to the Senate.
