Student loan service Navient cheated borrowers, the Consumer Financial Board alleged in announcing its lawsuit against the largest student loan servicer.

While other big insurers were relatively slow to pull back from the ACA's individual insurance exchanges as their losses mounted, UnitedHealth started taking steps to limit its losses in late 2015 and announced a near-total exit in April 2016.

Outgoing SEC chair Mary Jo White said recent 'trends' are making it harder for the SEC to pursue its mission and 'have even raised the question of whether or not the independence of the SEC can be preserved at all.'