US watchdog finalizes new rule on solar panel, home equity loans

(Reuters) – The U.S. watchdog agency for consumer finance on Tuesday finalized new regulations it said would protect home improvement borrowers who finance solar panels and other purchases through their property taxes, the agency said.

The announcement from the U.S. Consumer Financial Protection Bureau came amid continued Republican demands from Capitol Hill that President Joe Biden’s administration cease adopting new regulations prior to President-elect Donald Trump’s inauguration next month.

“Today’s rule stops unscrupulous companies and salespeople from luring homeowners into unaffordable loans based on false promises of energy savings,” said CFPB Director Rohit Chopra.

This post is originally published on INVESTING.

  • Related Posts

    Oil falls after Trump reverses Colombia sanctions threat

    By Anna Hirtenstein LONDON (Reuters) -Oil prices wavered on Monday after the U.S. and Colombia reached a deal on deportations, reducing immediate concern over oil supply disruptions but keeping traders…

    Dollar gains on tariffs fears; euro looks to ECB meeting

    Investing.com – The US dollar slipped lower Monday, rebounding after recent losses as attention returned to the potential for trade tariffs from the Trump administration at the start of a…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    12 ESMA Market Abuse Rules That Your Business Must Follow – August 27 Deadline

    • June 5, 2025
    12 ESMA Market Abuse Rules That Your Business Must Follow – August 27 Deadline

    Cinkciarz.pl Chief Accountant Arrested in Alleged $25M Fintech Fraud Case

    • June 5, 2025
    Cinkciarz.pl Chief Accountant Arrested in Alleged $25M Fintech Fraud Case

    Short-Term Analysis for Oil, Gold, and EURUSD for 05.06.2025

    • June 5, 2025
    Short-Term Analysis for Oil, Gold, and EURUSD for 05.06.2025

    CMC Markets Ends FY25 with 33% Annual Profit Jump; Reshuffles Board

    • June 5, 2025
    CMC Markets Ends FY25 with 33% Annual Profit Jump; Reshuffles Board