Edition:
United States

Patrick Rucker

Jeff Mason is a White House Correspondent for Reuters and the 2016-2017 president of the White House Correspondents’ Association. He was the lead Reuters correspondent for President Barack Obama's 2012 campaign and interviewed the president at the White House in 2015. Jeff has been based in Washington since 2008, when he covered the historic race between Obama, Hillary Clinton and John McCain. Jeff started his career in Frankfurt, Germany, where he covered the airline industry before moving to Brussels, Belgium, where he covered the European Union. He is a Colorado native, proud graduate of Northwestern University and former Fulbright scholar.

Twitter handle: @jeffmason1

Jul 19 2018

U.S. consumer watchdog slashes fine in payday lender settlement

WASHINGTON The U.S. consumer finance watchdog ordered an Alabama-based payday lender on Thursday to return $500,000 to borrowers who were overcharged, a fine that people familiar with the matter said was only a third of what the prior Obama-era head of the agency had sought.

Jul 19 2018

U.S. agency enters $1.5 mln judgment on payday lender but slashes return of funds

WASHINGTON, July 19 The U.S. consumer finance watchdog ordered an Alabama-based payday lender on Thursday to return $500,000 to borrowers who were overcharged, a fine that people familiar with the matter said was only a third of what the prior Obama-era head of the agency had sought.

Jul 13 2018

U.S. consumer watchdog fines debt collector, drops customer payouts

WASHINGTON, July 13 U.S. consumer watchdog chief Mick Mulvaney ordered that a debt collector and its former chief executive be fined $800,000 for harassing customers, but he dropped $60 million in customer payouts that his Obama-era predecessor had sought, according to three people familiar with the decision.

Jun 29 2018

Citi avoids fine for overcharging interest to credit card customers

WASHINGTON/NEW YORK The U.S. regulator for consumer finance said on Friday it would not penalize Citigroup for overcharging credit card customers provided the bank returns $335 million to the 1.75 million borrower accounts that are due refunds.

Jun 27 2018

Equifax avoids fines in deal with U.S. states over data breach

WASHINGTON/NEW YORK Equifax Inc on Wednesday avoided fines in a deal with eight states' banking regulators over a data breach that compromised sensitive data of more than 145 million people, as the credit reporting agency agreed to tighten up security.

Jun 14 2018

Trump's bank watchdog defends his stock trades to Congress

WASHINGTON A top U.S. banking regulator who bought financial stocks in the months before he became a regulator for the industry told lawmakers on Thursday that those investments were allowable and proper.

Jun 14 2018

Wall Street regulatory chief defends bank stock trading to U.S. Congress

WASHINGTON, June 14 A top U.S. banking regulator who bought financial stocks in the months before he became a regulator for the industry told lawmakers on Thursday that those investments were allowable and proper.

May 11 2018

U.S. credit reporting industry lawyer may head FTC bureau: sources

WASHINGTON U.S. consumer watchdogs expressed concern on Friday that a lawyer who represented credit reporting companies over a massive data breach at Equifax is being considered to head the Federal Trade Commission's Bureau of Consumer Protection.

Apr 25 2018

Exclusive: Trump's bank watchdog bought financial stocks up until taking office

WASHINGTON U.S. President Donald Trump's nominee for Wall Street regulator Comptroller of the Currency bought financial stocks until he took office in November, according to financial disclosure documents filed with the Office of Government Ethics.

Apr 23 2018

Wells Fargo CEO's pay details spark pushback by some employees

WASHINGTON/BOSTON Wells Fargo & Co's disclosure of how its chief executive's pay compares to the rest of its workforce has drawn criticism from some company employees ahead of the scandal-plagued bank's annual shareholder meeting.

Markets

  • U.S.
  • Europe
  • Asia
  • Sectors

Sector Summary