Stay of lower court ruling comes as Trump administration said it is eliminating $60bn worth of US assistance around the world
Donald Trump’s pick to oversee a consumer watchdog is due to face a grilling from Democrats in the US Senate on Thursday as the White House presses ahead with aggressive efforts to dismantle the agency, Reuters reports.
Jonathan McKernan, nominated to lead the Consumer Financial Protection Bureau (CFPB), will testify before the Senate Banking Committee on his selection, Reuters reports.
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