President Obama's Consumer Financial Protection Agency is already under fire, with critics saying the watchdog is unnecessary. Connecticut Attorney General Richard Blumenthal and James Pethokoukis, of Reuters, share their insight

CIT, which provides financing to small and mid-sized businesses, says it remains in talks with regulators to find ways to improve trading. The stock took a hit Monday as investors worried about its viability. CNBC's David Faber has the latest.

Option-ARMs are turning worse than subprime, reports CNBC's David Faber.

Meredith Whitney, founder and CEO of the Meredith Whitney Advisory Group, shares her outlook on upcoming earnings reports.