Trump's nominee to be director of the Consumer Financial Protection Bureau (CFPB) said he would "follow the law" when pressed by Democratic senators.
Margin trading in U.S. has surged to unprecedented levels. As of January 2025, debit balances in investors' margin accounts reached a record $937bn.
The number of retirement savers sitting on a million bucks or more in their 401(k)s, 403(b)s, or IRAs lifted off last year.