Trump escalates assault on US consumer protection agency
White House Council of Economic Advisers report estimates regulatory burden has cost consumers more than $237bn
Economic news
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Canada’s oil industry pivots to Asia as US trade tensions simmer
Sales to China more than quadrupled last year and Ottawa is now looking to India
Investors expect ‘Warsh trade’ to weaken dollar, BofA survey shows
Majority of fund managers think Trump’s nominee to run Federal Reserve will spark further declines for US currency
Global regulators fret about banks’ rising use of credit risk transfers
Barclays among biggest users of transactions that pose new dangers for financial system